Compared to earlier times, the period of the 1950s to the early 1960s

Compared to earlier times, the period of the 1950s to the early 1960s was one characterized by

(a) temporary deficit spending of the government.
(b) permanent deficit spending of the government.
(c) temporary surplus spending of the government.
(d) permanent surplus spending of the government.

 

ANSWER

(b)

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