The miraculous budget surpluswhy did the federal budget go


1. (The Twin Deficits) How is the U.S. budget deficit related to the trade deficit?

2. (The Miraculous Budget Surplus)Why did the federal budget go from a huge deficit in 1992 to a surplus in 1998? Explain the factors that contributed to the turnaround.

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Econometrics: The miraculous budget surpluswhy did the federal budget go
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