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20 February, 02:56

Which of the following best describes the US economy in 1998 during President Clinton's term?

A.) it was in a recession

B.) it was in a depression

C.) the federal budget was balanced

D.) the deficit was somewhat lowered

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Answers (2)
  1. 20 February, 04:41
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    C-The federal budget was balanced.
  2. 20 February, 05:10
    0
    C.) the federal budget was balanced

    The Clinton administration tenure after the reelection, saw a period of economic boom never witnessed since the upheaval of the 1970's. During his tenure a budget surplus was reported, including the creation of millions of jobs.
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