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Large budget deficits can lead to future problems with other countries that result because we are in debt to them.

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Q: What are the consequences of large budget deficits?
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Related questions

Why is Chicago closing 54 public schools?

They are closing 54 schools because of large budget deficits.


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?


Why are budget deficits and trade deficits sometimes called the twin deficits?

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The large federal deficits of the Reagan years were due mainly to?

increases in the defense budget and steady spending on social welfare and entitlement programs.


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.


What are the four deficits described by the iousa?

budget ,jobs,investment and security


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

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Is the accumulated total of all previous federal budget deficits?

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What caused the US budget deficits?

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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.?

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

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