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Hana Yates
History
25 October, 02:31
What is the purpose of deficit spending?
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Nicholas Nielsen
25 October, 02:42
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The purpose of deficit spending is that the government spends less than it receives in revenue to achieve a balanced budget.
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Xander Maddox
25 October, 02:57
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Deficit spending is the amount by which spending exceeds revenue over a particular period of time, also called simply deficit, or budget deficit; the opposite of budget surplus. The term may be applied to the budget of a government, private company, or individual.
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