Between the years 1998 and 2001, the U.S. government experienced
A) budget surpluses.
B) balanced budgets.
C) budget deficits.
D) contractionary budget cycles.

Question

Quizplus · Accepted Answer

During the years from 1998 to 2001, the U.S. government experienced budget surpluses. This was due to a combination of factors such as a strong economy, increased revenue from taxes, and reduced government spending. The government was able to pay off some of its debt during this period.

Between the Years 1998 and 2001, the U