Asked by
William Campbell
on Nov 11, 2024
Verified
Since 1970,the federal government budget has never been in surplus.
Federal Government Budget
An annual financial statement presenting the government's proposed revenues and spending for a financial year.
- Understand the historical fluctuations in federal budget deficits and surpluses.
Verified Answer
DS
Learning Objectives
- Understand the historical fluctuations in federal budget deficits and surpluses.