Multiple Choice
Refer to the following figure when answering the following questions.
Figure 18.2: Government Outlays and Receipts as a Percentage
of GDP, 1947-2012
-Consider Figure 18.2. During which of the following periods did the federal government run a budget surplus?
A) 1947-1949
B) 1998-2002
C) 1955-1958
D) All of these answers are correct.
E) None of these answers is correct.
Correct Answer:

Verified
Correct Answer:
Verified
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