The Balanced Budget Act of 1997 and the Performance of the Economy

question 16

Multiple Choice

The Balanced Budget Act of 1997 and the performance of the economy in the 1990s produced the result that the federal budget deficit in the late 1990s

• A)rose rapidly
• B)rose slowly
• C)became a surplus
• D)stayed about the same

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Definitions:

Industry Trends

The general direction in which a specific industry’s market, technology, and competitive practices are moving.

Points of Difference

Unique attributes or benefits that set a product or service apart from its competitors.

Share Points

A term that might refer to locations or platforms for sharing information and collaboration within an organization, often used in the context of document and resource sharing systems.