What is TRUE about government budget deficits and surpluses since 1940?
A) Balanced budgets have been more common than government budget deficits or government budget surpluses.
B) There have been more government budget surpluses than government budget deficits.
C) There have been more government budget deficits than government budget surpluses.
D) The number of government budget deficits is about the same as the number of government budget surpluses.

Question

Quizplus · Accepted Answer

Since 1940, the United States government has run a deficit in most years, with only a few exceptions. Therefore, there have been more government budget deficits than government budget surpluses.

What Is TRUE About Government Budget Deficits and Surpluses Since