0
What periods in recent history has the US run budget deficits and budget surpluses?
Wiki User
∙ 14y ago
What periods in recent history has the US run budget deficits and budget surpluses?
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
WHAT IS The sum of all budget deficits and surpluses is known as?
fiscal year
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.
Is the accumulated total of all previous federal budget deficits?
national debt
What caused the US budget deficits?
the deficts of us economy is less productivity
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 IS The sum of all budget deficits and surpluses is known as?
fiscal year
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 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.
Budget surpluses are most appropriate during?
recissions
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 are the four deficits described by the iousa?
budget ,jobs,investment and security
Is the accumulated total of all previous federal budget deficits?
national debt
What caused the US budget deficits?
the deficts of us economy is less productivity
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 was the state of the federal budget at the start of the 21st century?
surpluses for the first time in 30 years
________ assists countries in managing budget deficits and currency values.?
The International Monetary Fund
What is Crowding In in economics?
Definition: finance governmental deficits' spur to investment: the theory that a country's budget deficit in periods of economic depression can lead to higher private investment because it brings higher government spending and monetary growth
