Multiple Choice
The federal budget surplus recorded in 1998 resulted from a(n) :
A) decrease in taxes and rapid growth in federal outlays.
B) increase in taxes and sluggish growth in federal outlays.
C) decrease in taxes and a decrease in federal outlays.
D) increase in federal outlays and taxes.
E) increase in export earnings and decrease in import bills.
Correct Answer:
Verified
Correct Answer:
Verified
Q143: Problems with the federal government budget process
Q144: A continuing resolution is:<br>A)an agreement that requires
Q145: The U.S.government's fiscal year extends from:<br>A)January to
Q146: Problems with the federal government budget process
Q147: Crowding in occurs when government spending improves
Q149: A major problem with the implementation of
Q150: Crowding out occurs by:<br>A)causing reduced government purchases
Q151: One way of improving the federal government
Q152: A possible budget reform involves:<br>A)a quadrennial budget.<br>B)breaking
Q153: Which of the following countries hold the