Since 1980, how many fiscal years has the U.S. federal government recorded a budget surplus? Group...
Since 1980, how many fiscal years has the U.S. federal government recorded a budget surplus?
Group of answer choices
5
4
2
3
Homework Answers
The correct answer is: b. 4.
U.S. federal government recorded a budget surplus in the years 1998, 1999, 2000 and 2001. The budget controls instituted in the 1990s successfully restrained fiscal action by the Congress and the President and together with economic growth contributed to the budget surpluses at the end of the decade.
Add Answer to:
Since 1980, how many fiscal years has the U.S. federal
government recorded a budget surplus?
Group...
Since 1990, in how many years has the U.S. government had a budget surplus? Choose one: A. 0 B. 3 C. 4 D. 18 The Feder...
Since 1990, in how many years has the U.S. government had a
budget surplus?
Choose one:
A. 0
B. 3
C. 4
D. 18
The Federal Budget Deficit The U.S. federal government has run a budget deficit for almost the entire past hal-century. The graph below plots federal revenue against outlays as a percentage of GDP, a measurement that stays consistent as the size of the economy changes. Note that the deficit is particularly Ukely to increase during recessions, as...
since 1994, in how many years has the federal budget had a surplus?
since 1994, in how many years has the federal budget had a surplus?
As a result of a federal budget surplus, the U.S. government can do all of the...
As a result of a federal budget surplus, the U.S. government can do all of the following except: Group of answer choices Invest in the stock market. Increase income transfers. Reduce the existing debt. Cut taxes.
With respect to recent U.S Federal Government Fiscal policies what has the Federal Government been doing?...
With respect to recent U.S Federal Government Fiscal policies what has the Federal Government been doing? Is it following contractionary or expansionary policy? Why? What policy tools have they been using? Is the fiscal policy being followed correct for the current state of the economy?
The Current U.S. government spending is $4.746 trillion. That's the federal budget for fiscal year 2020...
The Current U.S. government spending is $4.746 trillion. That's the federal budget for fiscal year 2020 covering October 1, 2019, to September 30, 2020. It's 21% of gross domestic product. That means that Government Spending in the United States has increased under the current U.S. Administration. Additionally, last year the Congress passed a tax reform that, among other effects, cut payroll taxes: i) Can you establish the macroeconomics effects of these policies on consumption, investment, interest rate and savings? Use...
Course: Topic: BUSI2003 Macroeconomics Fiscal Policy (billions of CS) Government Tax Government Surplus or National Revenues...
Course: Topic: BUSI2003 Macroeconomics Fiscal Policy (billions of CS) Government Tax Government Surplus or National Revenues Expenditure Deficit Debt 100 2007 2008 2009 2010 2011 2012 604 647 633 612 610 615 578 610 631 645 650 648 1. Why did the tax revenues decline from 2008 to 20117 2. If the economy experienced a severe recession from 2008, why didn't the Government expenditure decrease in those years? 3. How did the Government's budget balance evolve over time? 4. How...
1. Since the U.S. is organized as a market economy, the government sector does not play...
1. Since the U.S. is organized as a market economy, the government sector does not play any role in economic activity. Group of answer choices True False 2. GDP equals $8 trillion. If consumption equals $5.5 trillion, investment equals $500 billion, and government spending equals $1.5 trillion, then: Group of answer choices exports exceed imports by $500 billion. imports exceed exports by $500 billion. net exports equal zero. exports exceed imports by $1 trillion. 3. GDP excludes: Group of answer...
Many people believe that the Federal Government should balance its annual budget just like households, businesses,...
Many people believe that the Federal Government should balance its annual budget just like households, businesses, and state and local government bodies. Explain why this might be a bad idea. Be sure to explain how fiscal policy affects the economy. Remember to include a reference about a cyclically adjusted budget.
The government’s budget surplus in Finland has risen consistently over the past seven years. To amateur...
The government’s budget surplus in Finland has risen consistently over the past seven years. To amateur economist disagree as to why this is happened. One argues that a rising budget surplus indicates a growing economy. The other argues that it shows that the government is using contractionary fiscal policy. Can you determine which argument is correct? If not, why not?
Which federal budget category’s portion of total government outlays has decreased since 1960? a food stamps...
Which federal budget category’s portion of total government outlays has decreased since 1960? a food stamps b defense c Medicaid d Medicare e Social Security
Since 1990, in how many years has the U.S. government had a
budget surplus?
Choose one:
A. 0
B. 3
C. 4
D. 18
The Federal Budget Deficit The U.S. federal government has run a budget deficit for almost the entire past hal-century. The graph below plots federal revenue against outlays as a percentage of GDP, a measurement that stays consistent as the size of the economy changes. Note that the deficit is particularly Ukely to increase during recessions, as...
Course: Topic: BUSI2003 Macroeconomics Fiscal Policy (billions of CS) Government Tax Government Surplus or National Revenues Expenditure Deficit Debt 100 2007 2008 2009 2010 2011 2012 604 647 633 612 610 615 578 610 631 645 650 648 1. Why did the tax revenues decline from 2008 to 20117 2. If the economy experienced a severe recession from 2008, why didn't the Government expenditure decrease in those years? 3. How did the Government's budget balance evolve over time? 4. How...
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