which of the following best describes the us economy in 1998 during president clintons term? it was in a…

which of the following best describes the us economy in 1998 during president clintons term? it was in a recession. it was in a depression. the federal budget was balanced. the deficit was somewhat lowered.

which of the following best describes the us economy in 1998 during president clintons term? it was in a recession. it was in a depression. the federal budget was balanced. the deficit was somewhat lowered.

Answer

Brief Explanations:

During President Clinton's term in 1998, the US economy was strong. Fiscal - policy efforts led to a balanced federal budget for the first time in decades. There was no recession or depression, and it was more than just a slight lowering of the deficit.

Answer:

The federal budget was balanced.