Which of the Following Factors Did Not Contribute to the Federal

question 118

Multiple Choice

Which of the following factors did not contribute to the federal budget surpluses in the 1990s?

• A)Higher taxes on the rich
• B)More federal government spending discipline
• C)Market globalization
• D)Slower consumer spending
• E)Rising business optimism based on technological innovation

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Definitions:

Future Wages

Compensation that an employee is expected to earn in upcoming periods for services to be rendered.

Liabilities

Financial obligations or debts that a company owes to others, which must be settled over time through the transfer of assets, provision of services, or other forms of economic benefit.

Uncertainty

A situation where the outcomes of an event or condition cannot be accurately predicted or quantified.

Liabilities

Financial obligations or debts that a company owes to others, which must be settled over time through the transfer of economic benefits.