Multiple Choice
-Consider Figure 17.2,which shows the federal government receipts and outlays for the period 1934-2006.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 the above
E) a and b
Correct Answer:

Verified
Correct Answer:
Verified
Q15: If current generations are depleting nonrenewable resources,they
Q16: According to a Congressional Budget Office report,"A
Q18: Government expenditures include:<br>A)state government spending.<br>B)federal government spending.<br>C)local
Q22: According to a Congressional Budget Office report,"A
Q24: Which of the following is an indicator
Q25: The government uses funds to:<br>A)make transfer payments.<br>B)buy
Q27: The budget balance is the:<br>A) level of
Q29: The federal government usually finances its budget
Q53: Write down the government's budget constraint. Be
Q92: Which of the following countries has the