to Exercise 3.38. Another way of judging the size of budget surplus/deficits is to calculate the deficit as a percentage of GNP. Use the data in Exercises 3.35 and 3.38 to calculate this variable and use a graphical technique to display the results. 3.39 Repeat Exercise 3.39 using the CPI-Annual file to convert all amounts to constant 1982–1984 dollars. Draw a line chart to show these data.
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