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This term represents the amount of money the government is spending over what it is receiving in taxes.?
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∙ 7y ago
deficit
Connor Lakin
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What term represents the amount of money the government is spending over what if is receiving in taxes?
deficit
This term represents the amount of money the government spending over what it is receiving in taxes?
deficit
What term represents the amount of money the government is spending over what it is receiving in taxes.?
deficit
What term represents the process of obtaining revenue through taxation and the subsequent spending of the tax dollars in order to operate the government?
I believe the term that you are looking for is budgeting. Whatever government you are dealing with be it Federal, State, or local, each one will have to develop a budget with their income and expenses showing so that they can come up with the amount of taxes that must be levied to develop the revenue needed to run the government.
Why the government spending multiplier is different form the tax multiplier?
The government spending multiplier is different form the tax multiplier from the top of my head is because the government spending total effect ripples off. That is if government spending increase then the total income increases. When total income increase, consumption increases, when consumption increases total income increases further (as consumption is a factor of total income), and this pattern is carried forward. This is the the multiplier effect, such that an increase in government spending's final impact on income is much bigger than its initial increase. The tax multiplier on the other hand, has a much smaller effect than government spending. This is because tax is only a portion of the consumer income. That is, if there is a tax cut, consumers only save a fractional amount (specifically 1-MPC) of a tax cut. As a result of the smaller boost in spending form ma tax cut, the ripples/multiplier effect of a tax cut is much less than an increase in government spending.
What term represents the amount of money the government is spending over what if is receiving in taxes?
deficit
This term represents the amount of money the government spending over what it is receiving in taxes?
deficit
What term represents the amount of money the government is spending over what it is receiving in taxes.?
deficit
How much is a gagillion doallers?
The amount of money the government is spending on welfare for people like you.
What is federal spending?
Government spending is the amount of money that a government allocates and eventually spends in a specific period of time. The US government spends about one trillion dollars per year.
The response of businesses and individuals to fiscal policy changes is related to which of these?
the amount of funds government is spending
In this economic function the government attempts to keep the business cycle of the economy from being to high or too low.?
Stability Fiscal policy, which is controlled by the amount of taxation and the amount of government spending.
In this economic function the government attempts to keep the business cycle of the economy from being to high or too low?
Stability Fiscal policy, which is controlled by the amount of taxation and the amount of government spending.
What does deficit spending mean?
The amount by which a government, a company, or individuals spending exceeds it's income over a particular period of time.
When a country borrows money to pay yearly debt they are involved in this type of spending?
Deficit spending is the amount of spending is exceeding the amount of revenue. Government deficit is when a country borrows money to pay a yearly debt. This could be a good or bad thing depending on each situation.
In this economic function the government attempts to keep the business cycle of the economy from being too high or too low.?
Stability Fiscal policy, which is controlled by the amount of taxation and the amount of government spending.
In this economic function the government attempts to keep the business cycle of the economy from being too high or too low?
Stability Fiscal policy, which is controlled by the amount of taxation and the amount of government spending.
