Ask Question
17 November, 18:48

What is deficit spending?

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

b] when a nation gives tax credits to encourage business investment in new factory equipment

c] when a nation cuts the taxes of wealthier citizens while increasing the tax burden on the middle class

d] when a nation borrows money in order to spend more than is received in taxes

+2
Answers (2)
  1. 17 November, 19:13
    0
    d] when a nation borrows money in order to spend more than is received in taxes
  2. 17 November, 20:32
    0
    I believe the answer is D
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “What is deficit spending? a] when a nation increases military spending to create new jobs and boost the economy b] when a nation gives tax ...” in 📙 History if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers