Which of the Following Correctly Describes the Trend in the Federal

question 80

Multiple Choice

Which of the following correctly describes the trend in the federal budget during the 1980s?

• A)Federal spending declined relative to GDP,while federal revenues rose relative to GDP.
• B)Federal spending rose relative to GDP,while federal revenues declined relative to GDP.
• C)Balanced budgets were passed through cooperation between the President and Congress.
• D)The dollar depreciated,thereby lowering the deficit.
• E)The budget deficit decreased and then disappeared,turning into a surplus in the 1980s.

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Definitions:

Outcome

The result or consequence of an experiment or action, often considered in the context of probabilities.

Sample Space

The set of all possible outcomes or results in a statistical experiment or random trial, from which samples can be drawn for analysis.

Sample Space

The set of all possible outcomes or results of a random experiment or situation.

Outcomes

The possible results or consequences of a specific action, experiment, or situation in various contexts.