Which of the following best describes the federal budget during the 1990s?
A) The absolute size of the deficit fell.
B) The relative size of the deficit fell.
C) The absolute size of the debt grew to over $5 trillion.
D) There was a steady downward trend in the relative size of the deficit.
Correct Answer:
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Q69: An obligation to make future payment is
A)Debt
Q70: Which of the following owns the largest
Q71: Federal agencies hold roughly _ percent of
Q72: The U.S.private sector holds about _ percent
Q73: When the Federal Reserve System buys bonds
Q75: The national debt
A)Is paid off each fiscal
Q76: The fiscal agent of the U.S.government is
Q77: The debt would cease to grow if
A)The
Q78: A measure of the burden of continual
Q79: For the United States,from the 1980s to
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