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Which One of the Following Is True with Respect to Federal

Question 14

Multiple Choice

Which one of the following is true with respect to federal budget deficits?


A) The deficit has been the same from year to year.
B) Budget deficits are lower during presidential election years.
C) The federal government has rarely run a budget deficit.
D) Deficits were common in the 1930s but disappeared with World War II.
E) Deficits have increased to more than $1 trillion in recent years.

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