Multiple Choice
Which of the following is true? The federal government's budget
A) was always in surplus until the 1980s
B) is in deficit now but has been in surplus in most of the past 40 years
C) has been virtually perfectly balanced for the past 5 years
D) deficit has averaged around zero for the last several decades
E) switched from deficits to surpluses in the late 1990s
Correct Answer:

Verified
Correct Answer:
Verified
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