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Question
Which of the following statements regarding the federal budget is true?a. The federal government has spent more than it has received every year since it began.
b. The federal budget deficit amounts to almost nothing.
c. The United States had a budget surplus each year from 1998 to 2002.
d. The budget deficit peaked during World War II and has continued to decrease since then.
e. The federal budget deficit was helped by President Bush's tax cuts.
Answer
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