9. What's the name given to the government practice of borrowing money to spend more than is collected in taxes?

A. Surplus spending

B. Credit economy

C. Borrower's economy

D. Deficit spending

Question

25 May, 21:45

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Answers (2)

Know the Answer?

Melissa Hodges · Answer 1

D. deflicit spending

Angel Henderson · Answer 2

D. Deficit Spending

Deficit Spending means " government spending, in excess of revenue, of funds raised by borrowing rather than from taxation."

9. What's the name given to the government practice of borrowing money to spend more than is collected in taxes?A. Surplus spendingB. Credit economyC. Borrower's economyD. Deficit spending