During the Reagan Presidency, Taxes and Spending Fell as a Share

During the Reagan presidency, taxes and spending fell as a share of the overall economy. What was the result?

A) budget surpluses that gradually helped pay off the federal debt
B) a balanced federal budget by the end of Reagan's presidency
C) no major changes in the nation's annual deficits or overall debt
D) budget deficits during Reagan's first term but balanced budgets by Reagan's second term that helped reduce the federal debt
E) continued budget deficits and a significant increase in the nation's federal debt