Asked by
Cassie Mussatti
on Nov 11, 2024
Verified
With few exceptions,the U.S.federal government has historically run a balanced budget.
Balanced Budget
A financial plan or budget where revenues are equal to expenditures, leaving no deficit or surplus.
- Recognize the historical trends in federal budget deficits and surpluses.
Verified Answer
CT
Learning Objectives
- Recognize the historical trends in federal budget deficits and surpluses.
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