In Every Year Between 1998 and 2008, the Canadian Federal

In every year between 1998 and 2008, the Canadian federal government had a

A) budget surplus, indicating that tax revenues were more than sufficient to cover total government expenditures.
B) primary surplus but overall deficit, indicating that tax revenues were more than sufficient to cover discretionary government expenditures.
C) budget deficit, indicating that even deep cuts in government spending were not sufficient to alleviate the problem.
D) primary deficit, indicating that tax revenues were insufficient to cover discretionary government expenditures.
E) budget deficit, which contributed to a growing stock of government debt.