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5 May, 08:56

What results when the government spends more than it takes in?

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Answers (2)
  1. 5 May, 09:44
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    If the income of government is less than what it spent, the government would run into debt leading to borrowings from banks or from other nations.
  2. 5 May, 11:28
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    It increases the national debt, which is already in the trillions.
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