Refer to the following figure when answering the following questions.
Figure 18.2: Government Outlays and Receipts as a Percentage
of GDP, 1947-2012 
-Consider Figure 18.2. The only period(s) in which the federal government ran a budget surplus since 1970 was/were:
A) 1998-2002
B) 1970
C) 1973-2001
D) None of these answers is correct.
E) All of these answers are correct.
Correct Answer:
Verified
Q1: The federal government usually finances its budget
Q2: The ratio of all levels of government
Q4: Refer to the following figure when answering
Q5: Government expenditures include _ government spending.
A) state
B)
Q6: The budget balance is the:
A) level of
Q7: In 2012, the ratio of government spending
Q8: In 2015, the largest single source of
Q9: In 2014, the debt-to-GDP ratio in the
Q10: In 2015, the U.S. federal government spent,
Q11: The federal government's largest expenditure in 2011
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