
-Consider Figure 17.2,which shows the federal government receipts and outlays for the period 1934-2006.The only period(s) in which the federal government ran a budget surplus since 1970 was (were) :
A) 1998-2002.
B) 1970.
C) 1973-2001.
D) none of the above
E) a and b
Correct Answer:
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Q2: The difference between the gross federal debt
Q3: Q4: The current U.S.debt-to-GDP ratio is about: Q5: The country with the largest annual government Q6: Since 1940,the largest gross federal debt-to-GDP ratio Q6: The budget balance is the: Q8: The ratio of all levels of government Q9: In the post-World War II U.S.economy,the rapid![]()
A)20 percent.
B)120
A) level of
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