Which of the following statements is true regarding the government budget?
A) The government's budget has been in deficit since the 1960s.
B) The government's budget has been in deficit since the 1960s except for a brief period since 2012.
C) The government's budget was generally in surplus until the 1980s, then mostly in deficit since except for a brief period between 1998 and 2001.
D) The government's budget was generally in deficit since the 1960s, except for a brief period between 1998 and 2001
Ans: D) The government's budget was generally in deficit since the 1960s, except for a brief period between 1998 and 2001.
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