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The following show data of a hypothetical government spending. All figures are in billions of dollars. G stands for Government expenditure. T stands for net

  1. The following show data of a hypothetical government spending. All figures are in billions of dollars. G stands for Government expenditure. T stands for net tax revenue, and iD stands for debt service payments.

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\f#+ Actual Structural Year Defect Deficit As % of As % of GDP GDP 2010 2.8 2.9 2011 3.9 3.2 2012 4.6 3.4 2013 4.7 3.7 2014 3.9 3.7 2015 3.00 2.8 2016 2.3 2.0 2017 1.4 1.6 2018 0.3 1.0

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