What does deficit spending require a government to do

History

1 answer:

adell [148]2 years ago

7 0

Answer:

Explanation: Before we tackle this question we must look at a bit of background information. There are two economic schools of thought

-Keynesian

-Supplyside

- In keynesian economics, the government believes that in order to increase the supply, Congress must invest in the society, therefore increasing the deficit.

- In supply side economics, the govt believes the only way to stimulate the economy is through de-regulation, so the govt would actually generate less revenue

- During times of depression keynesian economics are often seemed to be most effective.

You might be interested in

The vikings did not permanently colonize the eastern coast of north america in part because:

mote1985 [20]

They were constantly having troubles with the natives that had inhabited the area beforehand (wars). This prevented them from permanently settling somewhere.

7 0

2 years ago

Read 2 more answers

Explain the main ideas behind the foreign policies of Presidents Nixon and Carter. Discuss how each president's policy played ou

taurus [48]

Answer:

Knowing others is intelligence; knowing yourself is true wisdom. mastering others is strength; mastering yourself is true power. if you realize that you have enough, you are truly rich, "And the cause of not following your heart, is in spending the rest of your life wishing you had."

Explanation:

points

4 0

2 years ago

Halp

saveliy_v [14]

I don’t have idea but thank u for the points!

3 0

2 years ago

What were the five issues involved in the ratification debate?

ira [324]

1) Trade
2)Taxation
3) Presiding Official
4) Government format.
5) Population and trade count.