2.9 Federal obligations for benefit programs and the national debt were $63.8 trillion in 2008. The. 1 answer below »

2.9 Federal obligations for benefit programs and the national debt were $63.8 trillion in 2008. The cost per household ($) for various categories was as follows
Category Cost per Household ($) Civil servant retirement 15,851 Federal debt 54,537 Medicare 284,288 Military retirement 29,694 Social Security 160,216 Other 2,172 Source: Data extracted from “What We Owe,” USA Today, May 29, 2009, p. 1A.
a. Compute the percentage of values in each category. b. What conclusions can you reach concerning the benefit programs?:

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