After experiencing its first budget surplus in 30 years in 1998, for how many consecutive years following that did the budget remain in a surplus state?
A) 1
B) 2
C) 3
D) 4
Correct Answer:
Verified
Q24: If the Federal Reserve purchases newly issued
Q25: As a result of the large surpluses
Q26: Suppose the government has a $900 billion
Q27: If a government runs a deficit it
Q28: The debt burden in the United States
Q30: The government borrows money to cover budget
Q31: To measure the effect of debt in
Q32: The U.S. debt to GDP ratio in
Q33: The federal government ran a budget deficit
Q34: Suppose the government has a $1.2 trillion
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