The federal budget has been in deficit:
A) for every year between 1970 and 1997.
B) for every year between 1950 and 1997.
C) only since 1980.
D) for every year between 1960 and 1997.
Correct Answer:
Verified
Q2: If business and personal saving are constant,
Q3: The burden of the debt is borne
Q6: From 1950 to 1980, the value of
Q7: An increase in market rates of interest
Q10: The outstanding federal debt will decline in
Q11: Other things being equal, an increase in
Q12: More than 50 percent of the federal
Q13: As of 2011, the amount of federal
Q14: A federal budget surplus can lead to
Q16: From 1950 to 2009, the federal government
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