Asked by
Jennii Siilvestre
on Oct 13, 2024Verified
In the 20th century,our federal budget deficits were,on average,largest in the
A) 1960s.
B) 1970s.
C) 1980s.
D) 1990s.
Federal Budget Deficits
Refers to the shortfall when a government's expenditures exceed its revenues in a given fiscal year.
Century
A period of 100 years, often used to denote significant historical timelines or epochs.
- Discern the historical landscape and developments of fiscal policy and national borrowing.
Verified Answer
JL
Learning Objectives
- Discern the historical landscape and developments of fiscal policy and national borrowing.