Asked by Claudia Aldama on Apr 28, 2024
Verified
The budget deficit
A) fell every year in the 1990s.
B) fell steadily from 1993 through 1997.
C) fell steadily every year since 2001.
D) increased steadily every year from 2001 to the present.
Budget Deficit
A scenario in which a government spends more than it earns in a particular timeframe, resulting in the need to accumulate debt or borrow money.
- Grasp the significance and outcomes of major tax cuts on the economy and budget deficits.
Verified Answer
SS
Shweta SharmaMay 02, 2024
Final Answer :
B
Explanation :
The budget deficit fell steadily from 1993 through 1997.
Learning Objectives
- Grasp the significance and outcomes of major tax cuts on the economy and budget deficits.