Which of the following helped transform the budget deficits of the early 1990s into surpluses later in the decade?

Question

Quizplus · Accepted Answer

The reduction in defense expenditures following the end of the Cold War helped reduce government spending and, thus, contributed to the transformation of budget deficits into surpluses in the later part of the decade. The other options either do not directly contribute to deficit reduction or would likely face strong political opposition.

Which of the Following Helped Transform the Budget Deficits of the Early