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Please answer Part 2 Follow the directions to answer the following questions. Your answers should be clearly and properly labeled. Failure to do so may

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Please answer Part 2

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Follow the directions to answer the following questions. Your answers should be clearly and properly labeled. Failure to do so may result in deductions. For example, don't write "3,200,000" as an answer. Instead write "3,200,000 millions of dollars" or "$3,200,000,000,000.00" or "3.2 trillion dollars" You may round your answers. If the answer is 3,246,560 millions of dollars, you can simply answer "about 3.2 trillion dollars", if you prefer. Part 2: Go to the FRED website and search "deficit", then click on "Federal Surplus or Deficit as percent of Gross Domestic Product". 1) In what year was the largest deficit, in terms of percent of GDP? 2) How big was the 2020 deficit as a percent of GDP? 3) In what year was the largest surplus, measured by percent of GDP

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