During President Clinton's time in office, ___________________.

A) Congress failed to reduce federal spending
B) the United States economy was mired in recession
C) tax revenues declined
D) the federal deficit was erased, which lowered interest rates and increased investment

Question

Sheridan Dimaano · Accepted Answer

Final Answer : D, Explanation :  During President Clinton's time in office, the federal deficit was erased, which lowered interest rates and increased investment. This was due to a combination of spending cuts and increased tax revenues. The United States economy also experienced growth during this time.

During President Clinton's time in office, ___________________.

A) Congress failed to reduce federal spending
B) the United States economy was mired in recession
C) tax revenues declined
D) the federal deficit was erased, which lowered interest rates and increased investment

Definitions

Learning Objectives

Learning Objectives

Related questions

During President Clinton's time in office, ___________________.A) Congress failed to reduce federal spendingB) the United States economy was mired in recessionC) tax revenues declinedD) the federal deficit was erased, which lowered interest rates and increased investment

Definitions

Learning Objectives

Learning Objectives

Related questions

During President Clinton's time in office, ___________________.

A) Congress failed to reduce federal spending
B) the United States economy was mired in recession
C) tax revenues declined
D) the federal deficit was erased, which lowered interest rates and increased investment