Posted by HM on .
28. Which of the following statements is true?
a. X The national debt was eliminated in 1998.
b.X The Chair of the Fed creates the president’s budget on an annual basis.
c. Keynes advocated deficit spending to counteract an economic downturn.
d.X The highest budget deficit in U.S. history was $59 billion.
e. The Congressional Budget Office creates the president’s budget on an annual basis.
Is it E or D ?