Plot the percentage change in federal government receipts, Macroeconomics

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Plot the percentage change in federal government receipts

Problem

Calculate and plot the percentage change in federal government receipts (adjust for inflation by dividing receipts by the implicit GDP deflator), and the percentage change in real GDP. Does what you see in the chart conform to Ricardian equivalence? Explain why or why not.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Plot the percentage change in federal government receipts

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