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It is nothing but a surplus state of economy in the country which is being the desired state in the minds of classical economists.

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14y ago
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14y ago

deficit

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Q: Which terms means the amount by which government revenues are more than government spending during a specific period?
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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.


What term represents the amount of money the government is spending over what if 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.


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


This term represents the amount of money the government is spending over what it is receiving in taxes.?

deficit


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.