Which of the following statements about the budget deficit is true?
A) From 2007-2009,the federal budget was balanced.
B) In 2009,the budget deficit was a record $1.4 trillion.
C) In 2016,the federal budget was in surplus.
D) In 2017,the federal budget was balanced.
Correct Answer:
Verified
Q154: An increase in the real interest rate
Q155: If technological change increases the profitability of
Q156: Economist Steve Landsburg has pointed out that
Q157: An increase in government purchases will
A)increase public
Q158: The federal budget deficit can be reduced
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