Refer to the Following Figure When Answering the Following Questions

question 119

Multiple Choice

Refer to the following figure when answering the following questions.
Figure 18.2: Government Outlays and Receipts as a Percentage
of GDP, 1947-2012
-Consider Figure 18.2. The only period(s) in which the federal government ran a budget surplus since 1970 was/were:

• A) 1998-2002
• B) 1970
• C) 1973-2001
• D) None of these answers is correct.
• E) All of these answers are correct.

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Definitions:

Forming Stage

The initial phase in group development, characterized by orientation, getting to know each other, and building relationships.

Group Development

The process through which a group evolves over time, including forming, storming, norming, performing, and adjourning stages.

Legitimate Power

Power based on the position a person holds in an organization that is effective only when followers believe in the structure that produces this power.

Informal Group

A group formed naturally with no official structure or formal recognition, often based on personal relationships.