Which of the following factors did not contribute to the federal budget surpluses in the 1990s?
A)higher taxes on the rich
B)more federal government spending discipline
C)market globalization
D)slower consumer spending
E)rising business optimism based on technological innovation

Question

Quizplus · Accepted Answer

Slower consumer spending would not have contributed to the federal budget surpluses in the 1990s. The other factors listed such as higher taxes on the rich, more federal government spending discipline, market globalization, and rising business optimism based on technological innovation all could have contributed to the budget surpluses.

Which of the Following Factors Did Not Contribute to the Federal