Which of the following is an effect of deflation on debt? a) Debt becomes easier to repay b) Debt becomes more burdensome c) Debt levels remain unchanged d) Debt becomes irrelevant
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- Critics of “new accounting” for federal borrowing argue that it does not matter what the government spends the money for. What matters is the total amount that the government spends minus taxes collected. Explain this viewpoint.Can the method of loan repayment also have a significant impact on taxes? How?what is the effect in increase in government expenditures when there is no taxes and deficit is solved by borrowing?
- Find interest payments if :- Primary deficit = $23,000 Fiscal deficit = $31,000Due to Corona Virus epidemic in Bangladesh, Government tax collection has declined, but government’s expenditure did not, creating budget deficit. What are the ways government can finance the budget deficit? Do you think financing budget deficit will create inflation? Explain in detailsExplain the difference between government purchases and transfer payments.
- explain the dangers of high debt?What policy might the federal government implement with regard to taxes and spending to help stop the economy from falling into recession?Entitlement spending is Group of answer choices is another word for Discretionary Spending required by law, and can be changed every fiscal year is the largest category of the Federal Budget includes spending on education, transportation, and international affairs Both B and C are correct