Which of the following statements is true regarding the government budget?
A) The government's budget has been in deficit since the 1960s.
B) The government's budget has been in deficit since World War II except for a brief period between 1998 and 2001.
C) The government's budget was generally in surplus until the 1980s, then mostly in deficit since except for a brief period between 1998 and 2001.
D) The government's budget was generally in surplus in the 1960s, then mostly in deficit since except for a brief period between 1998 and 2001.
Correct Answer:
Verified
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