Which statement is true?
A) We have a national debt over $12 trillion.
B) We have a federal budget deficit of over $8 trillion.
C) We had 4 years of budget surpluses during Bush II administration.
D) We had budget deficits every year of the Clinton administration.
Correct Answer:
Verified
Q136: Fiscal year 1994 ran from
A)January 1,1994 to
Q137: Governmental assistance to the unemployed
A)was advocated by
Q138: Which of the following best describes what
Q139: When we are running a federal budget
Q140: Which of the following would be a
Q142: Federal budget deficits
A)help stabilize the economy during
Q143: Fiscal policy is
A)periodic fluctuations in the level
Q144: Fiscal year 1996 ran from
A)January 1,1996 to
Q145: If the multiplier is 10,the MPC is
A)0.
B).1.
C).5.
D).9.
E)1.0.
Q146: According to Keynes,if the economy is in
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