0
What else can I help you with?
What is the name of the framework directs government to avoid deficits?
longrun
Why are budget deficits and trade deficits sometimes called the twin deficits?
Twin deficits or double deficits is a summary of the two related economic problems, the budget deficit and the international trade deficit. The budget government deficit is the difference between government revenue and it's spending. Both deficits occur when someone is spending more than they earn.
What are cortical deficits?
Lacunar strokes LACK cortical deficits. Exactly what are cortical symptomes, I do not know. =-(
What is used to diagnose color deficits?
Typically, the Ishihara tests are used to diagnose color deficits.
What fiscal deficit?
When a government's total expenditures exceed the revenue that it generates (excluding money from borrowings). Deficit differs from debt, which is an accumulation of yearly deficits. A fiscal deficit is regarded by some as a positive economic event. For example, economist John Maynard Keynes believed that deficits help countries climb out of economic recession. On the other hand, fiscal conservatives feel that governments should avoid deficits in favor of a balanced budget policy.
When did the American government begin having deficits?
The US government has had deficits off and on since 1789. It's not a new thing.
Why might it be a bad idea to create money to cover budget deficits?
Printing money to cover deficits creates inflation. This raises interest rates and prices which usually leads to more government expenditure and larger deficits.
What are the consequences of large budget deficits?
Large budget deficits can lead to future problems with other countries that result because we are in debt to them.
What is the connection between taxes and deficits?
Taxes and deficits are interconnected in that tax revenues fund government expenditures. When a government spends more than it collects in taxes, it creates a budget deficit, which must be financed through borrowing. High deficits can lead to increased national debt, while insufficient tax revenue can exacerbate deficits. Conversely, higher taxes can help reduce deficits by increasing the funds available for government spending.
When are deficits necessary?
deficits are shortages that are caused by unwise spending. When one incurs deficit, he/she needs to borrow money to pay for the needs that are provided for in his/her budget. Unplanned purchases not included in the budget brings about deficits. It is poor management of one's resources.
What periods in recent history has the US run budget deficits and budget surpluses?
What periods in recent history has the US run budget deficits and budget surpluses?
Are unions responsible for high deficits in public jobs?
no
