The following table lists federal expenditures, revenues, and GDP for the U.S. economy during several years. Allnumbers are in billions of dollars.Year Revenues Expenditures GDP1948 41.6 29.8 269.21956 74.6 70.6 437.51964 112.6 118.5 663.61972 207.3 230.7 1,238.31980 517.1 590.9 2,789.5Plot the data for revenues and expenditures as a percentage of GDP on the following graph, rounded to the nearestpercent. Use the red points (cross symbol) for expenditures and the green points (triangle symbol) f
The following table lists federal expenditures, revenues, and GDP …
Aug 13, 2023
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9.3K views · 39 reactions | The Commerce Department’s personal consumption expenditures price index, which the Fed focuses on as its main inflation gauge, rose at a 2.6% 12-month level in May. That level has come down steadily after being around 4% a year ago, though policymakers do not expect it to reach the Fed’s 2% goal until 2026. At the European Central Bank Forum, Powell added that the labor market is cooling off slowly, which is what "we've been hoping to see". | CNBC | Facebook
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