Retrieve reliable historical data on federal, state, and local governments. Graph the ratio of federal government...
Retrieve reliable historical data on federal, state, and local governments. Graph the ratio of federal government expenditures to total government expenditures.
Homework Answers
Please refer to the following table for the required data from 2013 to 2020(estimated) :-
| Total State Exp($Tn) | Federal($ Tn) | State( $Tn) | Local($Tn) | |
| 2013 | 6.1 | 3.5 | 1.5 | 1.7 |
| 2014 | 6.2 | 3.5 | 1.6 | 1.7 |
| 2015 | 6.5 | 3.7 | 1.6 | 1.8 |
| 2016 | 6.7 | 3.9 | 1.7 | 1.8 |
| 2017 | 7 | 4 | 1.8 | 1.9 |
| 2018 | 7.2 | 4.1 | 1.8 | 2 |
| 2019 | 7.7 | 4.4 | 1.9 | 2.1 |
| 2020 | 8.1 | 4.8 | 2 | 1.7 |
The graph is attached below:-
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