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When the U.S. government spends more than it receives within a fiscal year this is called?
National Debt
Does it matter if the government spends more than it receives?
You bet it does! There is no such thing as a free lunch. All things have to be paid for by some one some time.
What id deficit financing?
Deficit financing is a state in which the government spends more money than it receives. This results to borrowing of funds to cover the difference.
When the US spend more than it receives within a fiscal year this is call?
When the U.S. spends more than it receives within a fiscal year, this is called a budget deficit. A budget deficit occurs when the government's expenditures exceed its revenues, leading to an increase in national debt if the deficit is financed through borrowing. Ongoing budget deficits can raise concerns about fiscal sustainability and may impact economic growth.
What is it called when government does not spend more than the tax revenue it receives?
When a government does not spend more than the tax revenue it receives, it is referred to as a "balanced budget." This means that the government's expenditures are equal to its revenues, preventing deficits and ensuring fiscal responsibility. A balanced budget can help maintain economic stability and build public trust in government financial management.
Do A trade deficit occurs when the government spends more than it receives in tax revenue?
No, it occurs when you import more than your export.
What is it called when the government spends more than it take in?
When a government spends more money in a year than it takes it, it is called a deficit. When it spends less than it takes in, it is called a surplus.
What is the term used to describe the situation when the government spends more money than it collects in taxes?
The term used to describe the situation when the government spends more money than it collects in taxes is called a budget deficit. This occurs when government expenditures exceed its revenues, leading to the need for borrowing or increasing debt to cover the shortfall. Persistent budget deficits can raise concerns about fiscal sustainability and economic stability.
What is it called when the government brings in more than it spends?
Surplus.
What occurs when the government collects more revenue than it spends?
Deficit A+ the government will have a surplus
Why is Greece in so much trouble?
Government spends more then it can make.
When the government collects more revenue than it spends what will be the result?
A Surplus
