When is it considered good policy for the government to run a budget deficit? Economists debate the merits of running a budget deficit, so there isn't one agreed-upon situation where a deficit is considered good or bad. Generally, a deficit is a byproduct ofexpansionary fiscal policy, which...
Budget DeficitsPublic InvestmentCrowding OutFiscal ResponsibilityThere are bad deficits and there are good deficits. What makes a fiscal deficit good or bad depends on both the context in which the deficit is run and the readoi:http://dx.doi.org/Buchanan, Neil H...
e.g. ...his readiness to raise taxes as part of an effort to cut the budget deficit. 他已准备把增加税收作为削减预算赤字的措施之一 3.(英国的)政府年度预算案,政府年度预算演讲 In Britain, the Budget is the financial plan in which the government states how much money it intends to raise th...
abudgetdeficit (= when the government spends more money than it earns) 政府预算赤字 牛津词典 If webudgetcarefully we'll be able to afford the trip. 我们精打细算一点,就能够负担这次旅行。 牛津词典 I'vebudgetedfor two new members of staff. ...
Why are the budget deficit and the trade deficit sometimes referred to as the twin deficits? Explain why a federal budget deficit creates national debt for the government and why it is important to pay the national debt on time. Why would a government-balanced budget be bad for the economy,...
This suggests that the probability of a fiscal adjustment increases when the country has a budget deficit. All else equal, the results also indicate that a high public debt level makes a fiscal adjustment more likely. These findings are consistent with the results of previous studies (von Hagen...
Newsom says our deficit is so bad, that “literally everything is on the table.” Butwhen pressedby theSF Appeal, the Mayor says he doesn’t want tax increases. The only revenue solution Newsom supports is to speed up condo conversions, which the Supervisors “hate” – and for good ...
There is no simple answer as to whether a budget surplus is good or bad. Running a surplus has its advantages, the same way running a deficit does. The best action depends on the entity's specific economic situation and priorities. Having said that, we've highlighted some of the most com...
shows the trade-off made when one good is exchanged for another. In terms of the bottom line—or the end result of this trade-off—asurplus budgetmeans profits are anticipated, abalanced budgetmeans revenues are expected to equal expenses, and adeficit budgetmeans expenses will exceed revenues....
the end result of this trade-off—asurplus budgetmeans profits are anticipated, abalanced budgetmeans revenues are expected to equal expenses, and adeficit budgetmeans expenses will exceed revenues. These principles hold true whether the budget is intended for an individual, a family, or a company...