Asked by Keondra Rouse on May 19, 2024
Verified
Most economists agree that a large federal budget deficit has what type of effect on the economy?
Federal Budget Deficit
The shortfall when the total government expenditures exceed its revenues in a fiscal year, requiring borrowing to cover the gap.
- Analyze the effects of macroeconomic policies on the national economy.
Verified Answer
JN
Learning Objectives
- Analyze the effects of macroeconomic policies on the national economy.
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