Deficit Spending Occurs When

question 78

Multiple Choice

Deficit spending occurs when

• A)Consumers spend less than their income.
• B)Investment spending declines.
• C)Net export spending alters macroeconomic outcomes.
• D)Government spending becomes greater than the tax revenues collected.

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Definitions:

Continuously

Occurring without interruption or cessation; ongoing.

Adverse

Unfavorable or harmful conditions or circumstances that can negatively affect or pose challenges to individuals or entities.

Necessity

A term that can refer to a state of being required or indispensable, or, in legal terms, a defense that asserts an act was done out of a need to prevent a greater harm.

Grant Deeds

A legal document used to transfer ownership of real property from the seller (grantor) to the buyer (grantee).