Refer to the Following Figure When Answering

question 35

Multiple Choice

Refer to the following figure when answering
Figure 18.2: Government Outlays and Receipts as a Percentage of GDP, 1947-2012
-Consider Figure 18.2. Which of the following were periods when the federal government ran a budget surplus?

• A) 1947-1949
• B) 1998-2002
• C) 1955-1958
• D) All of these answers are correct.
• E) None of these answers are correct.

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Definitions:

Equal Protection

A constitutional guarantee that no person or group will be denied the same protection of the laws that is enjoyed by other similarly situated individuals.

Checks and Balances

A system in government that ensures no single branch can exert unchecked power, typically through mutual oversight and authority to veto or modify each other's decisions.

Unreasonable Burdens

Obligations or conditions that are excessively oppressive or difficult for an individual or entity to bear.

Judicial Decision

The outcome of a legal case, determined by a judge or a court, which can set a precedent for future similar cases.