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Stupid and Irresponsible!

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14y ago
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11y ago

Deficit spending

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Q: Which terms is defined as the national government spending more money than it takes in?
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What term is defined as the national government spending more money than it takes in?

It is called deficit spending.


What isgovernment expenditure?

Government Expenditure is Government Spending. Government expenditure is how money is used to achieve national goals.


How government gets money for its spending?

Taxes.


Where does the government get money to provide goods and services?

Government spending comes directly from taxes. The government also borrows money.


What is government expenditure?

The largest category of state spending, for e2020.


Government annual spending and the management of that money is called what?

Budget


How does large Government spending help the economy?

Government spending increases aggregate demand by giving money to individuals and business to hopefully spend.


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.


How did Jackson keep us out of national debt?

The sale of government land added a lot of money to the treasury. jackson also vetoed bills to spend government money on state roads and similar projects. He did not push for military spending and entitlement programs.


What are the twelve categories of expenditures in the federal budget?

The four main spending categories that the federal government spends money on are Medicare, Medicaid, Social Security, and national defense.


What taxes provide the federal government with most of its money?

Security Spending


Which branch of government is in charge borrowing and spending money in the US?

Congress