Interpret the Origin of President Clinton's Budget Surplus from 1997-2000

question 1

Multiple Choice

Interpret the origin of President Clinton's budget surplus from 1997-2000.

• A)The surpluses primarily resulted from budget cuts instigated by the Clinton administration from 1994-1998.
• B)President Clinton created the surplus through "trickle-down" policies, stimulating growth.
• C)Offshoring led to lower production costs for businesses and thus created revenue.
• D)The surpluses were largely the result booms in the high-tech and investment industries, generating higher tax revenues.

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Definitions:

Optimistic

Having a tendency to hold a positive outlook on the future, often involving the expectation of favorable outcomes.

Active Attempts

Deliberate actions or efforts made to achieve a specific goal or outcome.

Eating Disorder

A range of psychological disorders characterized by abnormal or disturbed eating habits, which can have serious health consequences.

High Neuroticism

A personality trait that indicates a higher tendency towards emotional instability, anxiety, moodiness, worry, and jealousy.