Which of the Following Is True? the Federal Government's Budget

question 34

Multiple Choice

Which of the following is true? The federal government's budget

• A) was always in surplus until the 1980s
• B) is in deficit now but has been in surplus in most of the past 40 years
• C) has been virtually perfectly balanced for the past 5 years
• D) deficit has averaged around zero for the last several decades
• E) switched from deficits to surpluses in the late 1990s

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Definitions:

Balanced Processing

Involves objectively analyzing and evaluating relevant information before making a decision, ensuring a fair and unbiased approach.

Optimism

The inclination to look at the more favorable side of events or conditions and to expect the most favorable outcome.

Positive Psychological Attribute

Characteristics or traits of an individual that are beneficial for their mental health and well-being, such as optimism, resilience, and self-efficacy.

Relational Transparency

A characteristic of authentic leadership involving leaders openly sharing their true thoughts and feelings with followers.