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4 February, 10:27

What is deficit spending?

When a nation increases military spending to create new jobs and boost the economy

When a nation because the taxes are wealthier city since about increasing the tax burden on the middle class

When a nation gives tax credit to encourage business investment in new factory equipment

When a nation borrows money in order to spend more than it received in taxes

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Answers (1)
  1. 4 February, 13:40
    0
    I'll define deficit spending

    Explanation:

    The spending by a government in excess of government revenue.
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