In inflation adjusted terms, the largest deficits in the twentieth century
A) resulted from the Vietnam War.
B) resulted from World War II.
C) were caused by huge tax cuts in the 1980s.
D) resulted from spending increases in the 1990s.
Correct Answer:
Verified
Q15: Most economists would place the costs of
Q16: A peace dividend
A)results from the reduction in
Q17: Which of the following programs is on-budget?
A)The
Q18: Which of the following programs is off-budget?
A)Interest
Q19: Most economists would place the costs of
Q21: An argument has been made that the
Q22: The percentage of the federal debt owned
Q23: On the notion of the Balanced Budget
Q24: In which of the decades below was
Q25: Projections of the deficit, surplus and debt
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