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the deficts of us economy is less productivity

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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?


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.


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.


WHAT IS The sum of all budget deficits and surpluses is known as?

fiscal year


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


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.


________ assists countries in managing budget deficits and currency values.?

The International Monetary Fund


What has the author Richard J Cebula written?

Richard J. Cebula has written: 'The deficitproblem in perspective' -- subject(s): Budget, Budget deficits, Fiscal policy, Law and legislation 'The determinants of human migration' -- subject(s): Internal Migration, Mathematical models 'Government budget deficits, interest rates, and the economy'


Does the bill gates foundation give grants to public schools that have major budget deficits?

yes


Something that did not contribute to record federal budget deficits in the early 1980s was?

cuts in defense spending