4.3 The Data
.22

.10-⅜...............................
1970 1975 1980 1985 1990 1995 2000

---Germany Expenditure/Output Ratio
I---Germany Revenue/Output Ratio ∣

Germany Debt/Output Ratio

---Spain Revenue/Output Ratio
.32 T
.28-

.12-⅜.................
86 88 90 92 94 96 98 00 02
2.4
2.2
2.0
1.8
1.6
1.4
1.2

86 88 90 92 94 96 98 00 02
I----Spain Expenditure/Output Ratio ∣
I----Spain Debt/Output Ratio ∣
19
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