contestada

How did President Clinton’s economic plan affect the federal budget in 1999? a.It had a surplus.

b.It had a small deficit.

c.It began to decline.

d.It was higher than ever.

Respuesta :

DukeMoseti

The correct answer is a. it had a surplus

President Clinton’s economic plan was based on a contractionary fiscal policy aimed at reducing the federal deficit he inherited. He oversaw a robust economy and implemented cuts in defense spending as well as raising taxes which ultimately resulted in a surplus


Tundexi

The federal budget in 1999 had a surplus because of President Clinton’s economic plan.

What was Clinton’s economic plan base on?

Clinton’s economic plan was based on a contractionary fiscal policy which aimed at reducing the federal deficit he inherited.

Hence, the plan oversees the robust economy and implemented cuts in defense spending as well as raising taxes which ultimately resulted in a surplus.

Therefore, the Option A is correct.

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