Business > CASE STUDY > Deficit spending.docx ECON102 Deficit spending ECON102 Macroeconomics American Milit (All)
Deficit spending.docx ECON102 Deficit spending ECON102 Macroeconomics American Milit
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Deficit spending.docx ECON102 Deficit spending ECON102 Macroeconomics American Military University Deficit Spending Introduction Deficit Spending Deficit spending occurs when the federal gov... ernment spends more money than it collects. This means that the administrative financial plan exceeds both the public authority's annual revenues and any surplus it currently has. This distinction is commonly referred to as the "deficit," and the country's annual deficit has recently increased. How deficit spending works The government's spending exceeds its incomes, resulting in deficit spending, also known as running a spending shortage. The government can sometimes compensate for this shortage by using money that is readily available; however, this is not always the case. To make up for the shortfall, the government issues treasury securities, which are debts issued by the government (Ismail & Pratomo, 2019).. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [Show More]
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