Question

What was the state of the federal budget at the start of the twenty-first century?

a) surpluses for the first time in 30 years
b) large surpluses for the last 10 years
c) minor deficit spending for the first time in 10 years
d) balanced spending for the last 10 years

Answer 1

The answer is option (A)

Step-by-step explanation:

The federal budget of the state at the beginning of the twenty first century was for the first time in 30 years surplus.

A surplus budget can be referred to as a time or period when receipts or income surpasses expenditures or outlays.it can also be refereed as the government financial state. it also can be defined as financial health of a country.

Answer 2

The state of the Federal budget at the start of the twenty-first century was surpluses for the first time in thirty years. A budget surplus happens when income exceeds expenditures. It commonly refers to the financial situation of a government.

The answer to your question would be letter A.