Economics For Today
Economics For Today
10th Edition
ISBN: 9781337613040
Author: Tucker
Publisher: Cengage Learning
Question
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Chapter 23, Problem 4SQ
To determine

The summation of the past budget deficits.

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What is likely to be the immediate effect on a country's national debt if the government decides to increase public spending without raising taxes? A. The national debt will decrease. B. The national debt will increase. C. There will be no change in the national debt. D. The national debt will initially increase, but then decrease as the economy grows.
How does an increase in government spending without a change in taxes typically affect the national debt? A. The national debt decreases because government spending stimulates the economy. B. The national debt remains unchanged because the increase in spending is offset by economic growth. C. The national debt increases because government spending exceeds tax revenues. D. The national debt fluctuates unpredictably due to the complex nature of economic variables.
A government budget shows the primary deficit of 6100 billion the revenue expenditure on interest payment is 300 billion how much is the fiscal deficit?
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