Which of the following best describes the federal budget during the 1990s?
A) The absolute size of the deficit fell.
B) The relative size of the deficit fell.
C) The absolute size of the debt grew to over $5 trillion.
D) There was a steady downward trend in the relative size of the deficit.
Correct Answer:
Verified
Q49: Increased government purchases crowd out private purchases
Q50: The U.S.federal debt that accumulated between 1970
Q51: Which of the following would occur if
Q52: An increase in private sector borrowing and
Q53: An opportunity cost that occurs because of
Q55: For the United States,from the 1980s to
Q56: Policies designed to pay off the national
Q57: Crowding in is the result of
A)Falling interest
Q58: When the Federal Reserve System buys bonds
Q59: A measure of the burden of continual
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