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When a country or a person borrows money to pay yearly debt they are involved in this type of spending?

deficit spending


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.


What does the Federal Govt often rely on to pay for wars or programs?

Deficit financing.


What has the Federal Government often relied upon to pay for wars or social programs?

Deficit Financing


What is deficit spending and why did it alarm many people?

Deficit spending is the spending of money that you don't have, therefor people are concerned because taxes will increase and we will have to borrow more money to pay of that certain bill we owe but, will still owe the same amount because we will have to return the money either way so its a lose lose.


To pay for the new deal programs roosevelt abandoned a balanced budget and began using?

... deficit spending as recommended by Keynesian Economics.


What is monetized deficit?

Monetized deficit is when the government prints money to pay down the deficit.


What best describes how the federal goverment financed the war effort?

In average wars; Korean, Vietnam, Afghanistan, Iraq, the USA government financed it with taxes. In Big wars like WWI and WWII; war bonds were sold to help pay for the cost of fighting the war.


Why did parlliment raise taxes on the colonies the french and Indian war?

Wars cost money and it was reasoned that the war was fought in the colonies so they should help pay for it.


What is meant by the term Attention Deficit?

Attention Deficit means that one has trouble focusing on tasks. In other words, they cannot pay attention. This is the primary symptom of Attention Deficit Disorder.


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.


Which of these situations best descibes a deficit?

lacking funds to pay for something