9. Which of the following did not contribute to the federal budget surplus in the 1990s? a strong economy and low unemployment

Question

9. Which of the following did not contribute to the federal budget surplus in the 1990s?

a strong economy and low unemployment
a decrease in government spending
tax increases resulted in more federal revenue
new budget procedures to help control government spending

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2022-04-11T14:11:07+00:00 2 Answers 0

Answers ( 2 )

  1. admin1997
    0
    2022-04-11T14:12:21+00:00

    My answer would have to be D.

  2. Liliana
    0
    2022-04-11T14:12:33+00:00

    The correct answer is D) new budget procedures to help control government spendings.

    The option that did not contribute to the federal budget surplus in the 1990s is “new budget procedures to help control government spendings.”

    Under the Bill Clinton administration, the federal government could reach an important budget surplus in the 1990s. Some economist says that the deficit reduction reached by the George H. W. Bush administration did contribute a lot with the surplus in the 1990s. The fiscal policy instituted by Bill Clinton in 1993 also was a factor that was a major influence, as well as a strong economy and low unemployment.

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