If the Federal Budget Goes from a Budget Deficit in Year

question 120

Essay

If the federal budget goes from a budget deficit in Year 1 to a budget surplus in Year 2,does it follow that the federal government acted to raise taxes or cut government spending in Year 2?

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Definitions:

Personality Traits

Enduring characteristics that describe an individual's behavior and attitude.

Agreeableness

One of the five major personality traits, indicating an individual's propensity towards cooperation, compassion, and social harmony.

Nature

The inherent features, phenomena, or ecological systems of the physical world, excluding humans and human creations.

Attitudes

A predisposition or a tendency to respond positively or negatively towards a certain idea, object, person, or situation.