During the 2000s, the Federal government’s deficit rose because of a.

During the 2000s, the Federal government’s deficit rose because of

a. large tax cut in 2001 and 2004..
b. large increases in government spending.
c. increases in both the cyclical and structural deficits.
d. a recession in 2001.
e. all of the above.

 

ANSWER

E

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