Which of the following best describes the "post-deficit" era?
A)the federal government's first fiscal surplus in nearly 30 years in the late 1990s
B)the global recession of 2008-2009
C)former Prime Minister Stephen Harper's attempt to re-balance the budget in 2014
D)the oil shocks of 1973

Question

Quizplus · Accepted Answer

The "post-deficit" era refers to the period following the federal government's first fiscal surplus in nearly 30 years in the late 1990s. This period was characterized by a focus on reducing the national debt and maintaining balanced budgets.

Which of the Following Best Describes the "Post-Deficit" Era