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-Consider Figure 17

Question 76

Multiple Choice

-Consider Figure 17.2,which shows the federal government receipts and outlays for the period 1934-2006.What was the cause of the huge budget deficit beginning in 1940? A) oil crisis B) World War II C) President Reagan's defense expenditures D) Vietnam War E) the Volcker recession
-Consider Figure 17.2,which shows the federal government receipts and outlays for the period 1934-2006.What was the cause of the huge budget deficit beginning in 1940?


A) oil crisis
B) World War II
C) President Reagan's defense expenditures
D) Vietnam War
E) the Volcker recession

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