As compared to the year 2000, the U.S. government in 2009
A) operated at a surplus.
B) faced similar financial woes.
C) was in better financial health because of a wartime economy.
D) had massive deficits that loomed over the economic recovery.

Question

Quizplus · Accepted Answer

In 2009, the U.S. government was dealing with the aftermath of the 2008 financial crisis, which led to significant economic downturns and necessitated large-scale government interventions, including stimulus packages and bailouts. These actions, while aimed at stabilizing the economy, significantly increased the national deficit, contrasting sharply with the budget surplus situation in the late 1990s and the year 2000.

As Compared to the Year 2000, the U