Over the last four decades we have hadA) only balanced budgets.B) only surpluses.C) only deficits.D) both deficits and surpluses.

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Shannon McGuire · Accepted Answer

Final Answer : D, Explanation :  Over the last four decades, the U.S. government has experienced a mix of deficits and surpluses. For example, during the 1990s, the government ran a series of surpluses. However, since the early 2000s, it has mostly run deficits, with a notable exception in 2015-2016 when there was a small surplus.

Over the last four decades we have had

A) only balanced budgets.
B) only surpluses.
C) only deficits.
D) both deficits and surpluses.

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