Which of the following statements is true?
A) During the 2011 legislative session, it became apparent that the booming state economy had dramatically increased state revenues.
B) The effects of the Great Recession did not reach Texas, as the state enjoyed surplus revenues.
C) The legislative session was particularly difficult because the Great Recession had significantly reduced state revenue.
D) The Texas legislature did not meet in 2011.
E) Resulting from the effects of the 2011 economic recession, the state budget deficit equals GDP.
Correct Answer:
Verified
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