Which of the Following Statements Is Most Correct

question 76

Multiple Choice

Which of the following statements is most correct?

• A)The federal government has produced annual budget deficits for all years but four, when it ran consecutive budget surpluses that began in 1986 during the Reagan administration.
• B)The federal government has produced annual budget deficits for all years but four, when it ran consecutive budget surpluses that began in 1990 during the George H.W.Bush administration.
• C)The federal government has produced annual budget deficits for all years but four, when it ran consecutive budget surpluses that began in 2002 during the George W.Bush administration.
• D)The federal government has produced annual budget deficits for all years but four, when it ran consecutive budget surpluses that began in 1978 during the Carter administration.
• E)none of the above.