Between 1970 and 2014 in Australia,the largest budget deficits occurred
A) during the early to mid-1990s.
B) during the early 1980s.
C) between 2009 and 2011.
D) following the 1974 oil price shock.

Question

Quizplus · Accepted Answer

The largest budget deficits in Australia between 1970 and 2014 occurred between 2009 and 2011, largely due to the global financial crisis and the government's stimulus measures to counteract its effects.

Between 1970 and 2014 in Australia,the Largest Budget Deficits Occurred