With few exceptions,the U.S.federal government has historically run a balanced budget.
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Q122: Except for World War II,the U.S.deficits from
Q123: If a budget is cyclically balanced,the government
Q124: If the automatic stabilizers are creating budget
Q125: In 2009,the U.S.budget deficit was $1.4 trillion.
Q126: If the functional finance approach to federal
Q128: The budget deficit tends to decline during
Q129: State and local governments issue bonds to
Q130: The functional finance philosophy is based on
Q131: Crowding in occurs when government spending improves
Q132: Crowding out refers to the effect that
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