The following table reports on GDP and government budget surplus or deficit for France (measured in...
The following table reports on GDP and government budget surplus
or deficit for France (measured in dollars).
a) For each year, calculate the surplus or deficit as a percentage
of GDP.
Instructions: Enter your responses rounded to two
decimal places in the table below. If you are entering a negative
number, use a negative (-) sign where appropriate.
| Fiscal Year | GDP (Billions of dollars) |
Surplus or Deficit (−) (Billions of dollars) |
Surplus or Deficit as percentage of GDP |
| 2006 | 2,160 | -50 | |
| 2007 | 2,269 | -55 | |
| 2008 | 2,318 | -79 | |
| 2009 | 2,267 | -138 | |
| 2010 | 2,340 | -130 | |
| 2011 | 2,438 | -108 | |
| 2012 | 2,488 | -100 | |
| 2013 | 2,545 | -82 | |
| 2014 | 2,591 | -88 | |
| 2015 | 2,647 | -88 |
b) In which year was the deficit the biggest as a percentage of
GDP?
-
2008
-
2009
-
2010
-
2011
-
2012
-
2013
c) In which year did the deficit as a percentage of GDP rise the
most over the year before?
-
Between 2007 and 2008
-
Between 2008 and 2009
-
Between 2009 and 2010
-
Between 2010 and 2011
-
Between 2011 and 2012
-
Between 2012 and 2013
Homework Answers
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