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17 April, 05:24

What is the purpose of deficit spending?

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Answers (2)
  1. 17 April, 08:37
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    Deficit spending is the amount by which spending exceeds revenue over a particular period of time, also called simply deficit, or budget deficit; the opposite of budget surplus. The term may be applied to the budget of a government, private company, or individual.
  2. 17 April, 09:04
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    The purpose of deficit spending is that the government spends less than it receives in revenue to achieve a balanced budget.
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