Author Question: What was the origin of President Clinton's budget surplus from 19972000? a. Offshoring led to ... (Read 54 times)

lilldybug07 · **on:** Jul 13, 2018

What was the origin of President Clinton's budget surplus from 19972000?

a. Offshoring led to lower production costs for businesses and thus created revenue.
b. President Clinton created the surplus through trickle-down policies that stimulated growth.
c. The surpluses primarily resulted from budget cuts instigated by the Clinton administration from 19941998.
d. The surpluses were largely the result of booms in the high-tech and investment industries that generated higher tax revenues.

Question 2

If the politics of glasnost in Russia were applied, in a similar manner and with similar results, to the communist dictatorship of North Korea, what would be the outcome?

a. the decline of socialism as a political ideology, but the preservation of communism as a form of government
b. the end of communism and a rocky transition to federalism
c. the expansion of communist ideals solidified in a new constitution
d. the dissolution of North Korea as a state and the complete control of its territory by South Korea