Asked by
Zeyrox Gamer
on Nov 26, 2024
Verified
When the government is doing "deficit spending," it will be increasing its total debt.
Deficit Spending
The practice of a government spending more money than it receives in revenue over a specific period, typically financed through borrowing.
- Grasp the concept of deficit spending and its impact on national debt.
Verified Answer
KC
Learning Objectives
- Grasp the concept of deficit spending and its impact on national debt.