Deficit Financing (noun) Definition, Meaning & Examples

noun
  1. (especially of a government) expenditures in excess of public revenues, made possible typically by borrowing.
noun
  1. government spending in excess of revenues so that a budget deficit is incurred, which is financed by borrowing: recommended by Keynesian economists in order to increase economic activity and reduce unemployment
Deficit Financing (noun) Definition, Meaning & Examples

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