A federal budget surplus
A) did not occur in the United States economy during the twentieth century.
B) occurs when government expenditures exceed taxation.
C) occurs when government tax revenues and expenditures are equal.
D) causes the national debt to increase.
E) occurs when government expenditures are less than government tax revenues.
Correct Answer:
Verified
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A).25.
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D)4.
E)7.5.
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