In practice, government-issued ________ is/are similar to individuals using loans or credit cards to finance consumer...
In practice, government-issued ________ is/are similar to individuals using loans or credit cards to finance consumer purchases.
debt
budgets
outlays
deficits
austerity
Homework Answers
Ans: debt
Explanation:
When tax revenue is less than goverment sepending, the government go for debt to finance government purchases.
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