Economy, asked by nandini0409, 1 year ago

how deficit financing increases purchasing power of people?​


muskanmysterygir4578: follow me i followed u

Answers

Answered by satyajitgudu2002
1

Increase in Aggregate Demand: Deficit financing leads to increase in aggregate demand through increased public expenditure. This increases the income and purchasing power of the people and increases the availability of goods and services followed by the production and employment level.


muskanmysterygir4578: follow me i followed u dear
Similar questions