Refer to the following figure when answering the following questions.
Figure 18.1: Federal Government Receipts and Outlays, 1990-2012 (Source: Federal Reserve Economic Data, St. Louis Federal Reserve)
-Consider Figure 18.1. The federal government ran a surplus during the period:

Question

Refer to the following figure when answering the following questions.
Figure 18.1: Federal Government Receipts and Outlays, 1990-2012  (Source: Federal Reserve Economic Data, St. Louis Federal Reserve)
-Consider Figure 18.1. The federal government ran a surplus during the period:

Quizplus · Accepted Answer

From the figure, it can be observed that the federal government ran a surplus during the period 1998-2002. The line representing federal receipts is above the line representing federal outlays during this time period, indicating a surplus.

Refer to the Following Figure When Answering the Following Questions