Since the 1940s, more often than not, the U.S. federal government has A. steadily reduced its borrowing. B. run a budget deficit. C. had a balanced budget. D. run a budget surplus.
Since the 1940s, more often than not, the U.S. federal government has A. steadily reduced its borrowing. B. run a budget deficit. C. had a balanced budget. D. run a budget surplus.
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter16: Government Spends, Collects, And Owes
Section: Chapter Questions
Problem 3AA
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Transcribed Image Text:Since the 1940s, more often than not, the U.S. federal government has
A. steadily reduced its borrowing.
B. run a budget deficit.
C. had a balanced budget.
D. run a budget surplus.
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