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The deficit is typically raised most significantly by government policies, such as increased spending or tax cuts, particularly during economic downturns. Factors like stimulus packages, military expenditures, and social program funding can also contribute to a rising deficit. Additionally, external factors such as economic crises or global events can exacerbate deficit levels. Specific political leaders or administrations may be credited for significant increases, depending on their fiscal policies.
What else can I help you with?
The US trade deficit first became a problem in the 1970s because .?
The price of foreign oil was raised by OPEC.
Which of these is most closely associated with the level of US imports and exports A budget deficit B national debt C trade deficit D inflation rate?
C- the trade deficit which is exactly exports-imports
What problem is most directly associated with a trade deficit?
More cash is leaving the country than is coming into the country is the primary problem with trade deficit. The trade deficit can have an impact on employment and incomes.
When is the government budget deficit is most likely to rise?
When there is a decrease in taxes
How do you calculate nominal deficit?
nominal deficit is the deficit determined by looking at the difference between expenditures and receipts.real deficit: nominal deficit - (inflation x total debt)
How does deficit spending impact national debt?
Deficit spending is spending money raised by borrowing. It is used by governments to stimulate their economy during times of depression or economic slow-down. Unless the borrowing is repaid, deficit spending will increase the national debt.
The US trade deficit first became a problem in the 1970s because .?
The price of foreign oil was raised by OPEC.
The US trade deficit first became a problem in the 1970's because?
The price of foreign oil was raised by OPEC.
What two things helped prevent Japan from sliding into the Great Depression along with so many other nations?
deficit spending and raised terrifs
Which of these is most closely associated with the level of US imports and exports A budget deficit B national debt C trade deficit D inflation rate?
C- the trade deficit which is exactly exports-imports
What problem is most directly associated with a trade deficit?
More cash is leaving the country than is coming into the country is the primary problem with trade deficit. The trade deficit can have an impact on employment and incomes.
Were taxes raised in the 1920s?
They were raised in most countries.
When is the government budget deficit is most likely to rise?
When there is a decrease in taxes
Was the debt ceiling raised in 2011?
"The debt ceiling was in fact raised by $2.1 trillion dollars. While the plan doesn't include raising taxes, it does include cutting the federal budget deficit by $2.5 trillion over the next decade."
How do you calculate nominal deficit?
nominal deficit is the deficit determined by looking at the difference between expenditures and receipts.real deficit: nominal deficit - (inflation x total debt)
Which of these is most closely associated with the level of U.S. imports and exports?
trade deficit
What is the noun of deficit?
An example of using the noun, deficit, is: "an annual operating deficit."
