Year | Government receipts (billions of dollars) | Government spending (billions of dollars) | Government budget balance (billions of dollars) | M1 growth | M2 growth | |
---|---|---|---|---|---|---|
1969 | $186.9 | $183.6 | $3.2 | 3.3% | 3.7% | 6.68% |
1970 | 192.8 | 195.6 | −2.8 | 5.1 | 6.6 | 6.46 |
1971 | 187.1 | 210.2 | −23.0 | 6.5 | 13.4 | 4.35 |
1972 | 207.3 | 230.7 | −23.4 | 9.2 | 13.0 | 4.07 |
1973 | 230.8 | 245.7 | −14.9 | 5.5 | 6.6 | 7.04 |