What does deficit spending require a government to do?
A) cut taxes B) hire more workers C) lay off workers D) take on debt
Answers
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1
hire more workers does deficit spending require a government to do.
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0
D) take on debt
Explanation:
- In the simplest sense, "deficit spending" is when spending of a govt exceeds its revenues in a financial year which creates a budgetary deficit. Deficit expenditure also applies to "intentional excess spending" that stimulates the economy
- The word "deficit spending" also implies that the govt relies on a "keynesian approach" to "economic stimulus", wherein the "govt takes on debt", while utilizing its buying power to create demand and to boost the economy.
To know more
define the term deficit spending. - Brainly.in
https://brainly.in/question/16602550
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