ECO 372 Week 4 Discussion Question 4 - 90408

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What are the positive and negative aspects of budget deficits and surpluses? What policy is best for today’s economy? Explain your answer. A budget deficit occurs when the government spends more than it takes in. Even so, there can still be some positives that can come out of a government that runs a deficit. For instance, the government may be trying to stimulate the economy by spending. In slow times, the government spends money that exceeds tax revenues in an effort to get the economy rolling. At the same time, there could be negatives that come from a deficit. Over time, the deficit will need to be addressed. Some things that can be done to address the deficit are raising taxes, printing money, and cutting government spending...
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What are the positive and negative aspects of budget deficits and surpluses? What policy is best for today’s economy? Exp

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