The U.S. government's budget
A) must be balanced each year.
B) has mostly been in surplus during the past 30 years.
C) has always been in deficit during the past 30 years.
D) has mostly been in deficit during the past 30 years.
Correct Answer:
Verified
Q50: A budget deficit is the difference between
A)
Q51: When tax revenues exceed outlays, the government
Q52: Q53: The budget deficit Q54: If the federal government's tax revenues are Q56: If taxes exactly equaled government outlays in Q57: Whenever the federal government spends more than Q58: The largest source of revenue for the Q59: Social Security benefits and expenditures on Medicare Q60: By definition, a government budget deficit is
A) decreased during the Bush
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