The Federal Budget Surplus Recorded in 1998 Resulted from A(n)

question 62

Multiple Choice

The federal budget surplus recorded in 1998 resulted from a(n) _____

• A) decrease in taxes and a rapid growth in federal outlays.
• B) increase in taxes and a sluggish growth in federal outlays.
• C) decrease in taxes and a decrease in federal outlays.
• D) increase in federal outlays and taxes.
• E) increase in export earnings and a decrease in import bills.

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Definitions:

Earth's Crust

The outermost layer of the Earth, consisting of solid rocks, and is subdivided into the continental and oceanic crust.

Surface Environments

The various natural settings on the Earth's exterior, including oceans, forests, deserts, and glaciers, where unique geological processes can occur.

Glacier

A large, slow-moving mass of ice, formed from compacted layers of snow, that shapes the landscape through erosion and deposition.

Lake

A body of water surrounded by land, typically freshwater, formed naturally or by artificial means.