From 2004 to 2008, the federal budget deficit, on an official fiscal-year basis, was
A) large and growing larger.
B) "negative," that is, the budget was in surplus.
C) declining.
D) increased by the rising Social Security deficit.
Correct Answer:
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Q86: A mathematical formula for the deficit would
Q87: A recessionary gap causes national debt to
Q88: If the economy suffers a recession for
Q89: With no change in fiscal policy, the
Q90: Under a balanced budget policy, a sharp
Q92: The net national debt is smaller than
Q93: The structural deficit or surplus
A)shows the government
Q94: Same level of fiscal and monetary policy
Q95: Lately, the ratio of debt to GDP
Q96: To correct the budget deficit for inflation,
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