Most Economists Agree That a Large Federal Budget Deficit Has

question 29

Short Answer

Most economists agree that a large federal budget deficit has what type of effect on the economy?

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Definitions:

Rescind

The act of revoking, canceling, or repealing a contract, returning all parties to their state prior to the agreement.

Compensatory Damages

Financial awards given to a plaintiff to compensate for actual losses or harm suffered.

Misrepresentation

A false statement of fact made by one party to another party, which has the effect of inducing that party into the contract.

Spring

A season of the year following winter and preceding summer, characterized by rising temperatures and the budding of plants.