What are some reasons why the federal government showed a surplus in the late 1990s? Why did that surplus disappear?

each discussion needs to be 120 words.

2. What are some reasons why the federal government showed a surplus in the late 1990s? Why did that surplus disappear?

4. Explain the differences among an annually balanced budget, a cyclically balanced budget, and functional finance. How does each affect economic fluctuations?

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