Welcome to Westonci.ca, the ultimate question and answer platform. Get expert answers to your questions quickly and accurately. Ask your questions and receive precise answers from experienced professionals across different disciplines. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.
Sagot :
The fact that the U.S. had a federal budget surplus meant that A. U.S. government debt was reduced but not eliminated.
When a country has a budget surplus, it means that:
- The country had enough tax revenue to take care of its obligations
- The country did not have to borrow extra funding
- The country was able to pay off some debt
With the U.S. having a budget surplus, we can conclude that the U.S. was not only able to avoid borrowing more money, they were able to pay off some.
This means that they reduced the debt even though they did not eliminate it.
Find out more at https://brainly.com/question/23103906.
Thanks for using our service. We aim to provide the most accurate answers for all your queries. Visit us again for more insights. We hope this was helpful. Please come back whenever you need more information or answers to your queries. Your questions are important to us at Westonci.ca. Visit again for expert answers and reliable information.