The correct answer is the federal budget was balanced
This was as a result of Clinton’s prudent management of the economy. Although he had inherited a government that was running a deficit, he implemented various policies among them reform of welfare spending and increases in tax which led to a balanced budget and later on a surplus
The best and most correct answer among the choices provided by the question is the third choice "natural monopoly."
A natural monopoly<span> is a distinct type of </span>monopoly<span> that may arise when there are extremely high fixed costs of distribution, such as exist when large-scale infrastructure is required to ensure supply.</span>
I hope my answer has come to your help. God bless and have a nice day ahead!
