Choose one:Ο Α. ΟOB. 3O C. 4O D. 18 Use the figure below to answer the following question.Percentage 30of GDP#obatDeficitLong-run average2520--1510Long-run average5OutlaysRevenue01970 1975 1980 1985 1990 1995 2000 2005 20102017Since 1990, in how many years has the U.S. government had a budget surplus?

Budget Surplus:A budget surplus occurs when government revenue exceeds government expenditures. The…

Use the figure below to answer the following question. Percentage 30 of GDP 25 20-- 15 10 Long-run average 5 Deficit Long-run average Outlays Revenue Ог 1970 1975 1980 1985 1990 1995 2000 2005 2010 2017 Since 1990, in how many years has the U.S. government had a budget surplus?

Use the figure below to answer the following question. Percentage 30 of GDP 25 20-- 15 10 Long-run average 5 Deficit Long-run average Outlays Revenue Ог 1970 1975 1980 1985 1990 1995 2000 2005 2010 2017 Since 1990, in how many years has the U.S. government had a budget surplus?

ENGR.ECONOMIC ANALYSIS

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ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

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