In the late 1990s, the United States had:
A. a budget deficit and a national debt.
B. a budget deficit, but no national debt.
C. a budget surplus and a national debt.
D. a budget surplus, but no national debt.
Answer:C
In the late 1990s, the United States had:
A. a budget deficit and a national debt. B. a budget deficit, but no national debt. C. a budget surplus and a national debt. D. a budget surplus, but no national debt.