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Which of the Following Is True? the Federal Government's Budget

Question 34

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

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