ECON: MACRO4 (with CourseMate, 1 term (6 months) Printed Access Card) (New, Engaging Titles from 4LTR Press)
4th Edition
ISBN: 9781285423623
Author: William A. McEachern
Publisher: Cengage Learning
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Chapter 12, Problem 2.4PA
To determine
the reasons for deficit in federal budget in 14 years since 1929.
Concept Introduction:The federal budget is used to finance a variety of federal expenses, which range from paying federal employees, to disbursing agricultural subsidies, to paying for U.S. military equipment. The federal budget is an itemized plan for the annual public expenditures of the United States. A budget deficit occurs when expenses exceed revenue and is an indicator of financial health.
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Chapter 12 Solutions
ECON: MACRO4 (with CourseMate, 1 term (6 months) Printed Access Card) (New, Engaging Titles from 4LTR Press)
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