During the reagan years, what happened to the overall course of the budget deficit? a) it rose b) it fell c) it increased by 210 billion d) it increased then fell back to its original levels
I think D is this correct ..?
http://en.wikipedia.org/wiki/National_debt_by_U.S._presidential_terms
ok torn between A & C .. I know it rose but how much..? so C is the answer
Differentiate between the various financial intermediaries,what is their main differentiating factor?
No, option D is not correct.
During the Reagan years, the overall course of the budget deficit can be described as option A: it rose.
To find the answer to this question, you can look at historical data and economic analysis of the Reagan era. The budget deficit refers to the amount by which government spending exceeds government revenues in a given period.
During Reagan's presidency, which lasted from 1981 to 1989, there was a significant increase in military spending, combined with tax cuts and increased government spending in other areas. These policies led to an expansion of the budget deficit.
As a result, the national debt more than tripled during Reagan's tenure. By the end of his presidency, the budget deficit had reached record levels. Therefore, the correct answer is option A: it rose.