Asked by
Miracle Gonzales
on Oct 14, 2024Verified
During George W.Bush's presidency
A) the job market was quite robust.
B) our federal budget deficit hit a record high.
C) the federal budget surpluses in the last years of the Clinton presidency continued.
D) we experienced a very high inflation rate.
George W. Bush
43rd President of the United States, serving from 2001 to 2009, known for his responses to the 9/11 terrorist attacks and initiating the Iraq War.
Federal Budget Deficit
The deficit that occurs when the government's spending surpasses its income within a fiscal year.
Federal Budget Surpluses
Occurs when the government's revenues exceed its expenditures during a fiscal year.
- Gain insight into how economic outcomes are affected by government spending and policy measures.
Verified Answer
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Learning Objectives
- Gain insight into how economic outcomes are affected by government spending and policy measures.