Question: #1604

ECO372 Week 4 Discussion Question 1

How does a government budget deficit affect the economy? Identify two periods in recent history in which the United States has run budget deficits. What were the reasons for the deficits during those time periods?

Solution: #1589

ECO372 Week 4 Discussion Question 1

When the government spends more than it takes in, it creates a deficit. The 2010 deficit for 2010 was $1.57 trillion. If the government do...
Tutormaster
Rating: A+ Purchased: 11 x Posted By: Fibermet
Johnson7

A+ - Thanks!

Fibermet

Thanks for positive feedback!

Johniededman

A+ - Thank you!

Fibermet

Thanks for the positive feedback!

Related Solutions
Wilson
ECO372 Week 2 Individual Fundamentals of Macroeconomics Paper
Comments
Posted by: Fibermet
Fibermet
Fibermet
Senior Journalist
Budget: $15 Ready
Sell Your Solution Report Solution Support Center

Online Users

Top Tutors