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Both the increased spending by the national government and the nationally imposed income tax?
Wiki User
∙ 14y ago
Both the increased spending by the national government and the nationally imposed income tax
Wiki User
∙ 14y ago
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Who is responsible for creating the national debt?
The National Debt is the responsibility of the government. This debt comes from government spending. This spending is acquired from government programs and foreign aid.
What did President Roosevelt do for the US economy?
He increased government spending
How did government spending affect the economy-?
Federal spending on forgein aid increased demand for U.S goods.
Causes of public debts?
majorly caused by increased government spending
When would the government most likely increase its spending?
When unemployment has increased
When would government most likely increase its spending?
When unemployment has increased
Did president mirabeau B Lamar increased government spending?
i cant this computer
What makes increased government spending an effective tool for increasing demand?
By increasing government spending, you increase the demand for certain products because the government is looking to buy those products. The government can act as a consumer, and when a consumer spends more, the demand for goods and services is increased.
What does crowding out mean?
Increased government spending results in higher interest rates which puts downward pressure on investment spending.
When was the federal government spending largest as a percentage of the economy?
The federal government spending was largest as a percentage of the economy in 2020 due to increased spending related to the COVID-19 pandemic and relief efforts.
What term is defined as the national government spending more money than it takes in?
It is called deficit spending.
Can the US government limit the national debt?
It can, by rational budget spending
