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

Guest

8 April, 09:18

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Answers (2)

Know the Answer?

Boomhauer · Answer 1

D. deflicit spending

Rylan · 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