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Deficit Spending (Noun)

Meaning

Spending money raised by borrowing; used by governments to stimulate their economy.

Classification

Nouns denoting acts or actions.

Examples

  • The government's decision to engage in deficit spending was met with both praise and criticism from economists and politicians alike.
  • Deficit spending has been a common practice among governments during times of economic recession or war.
  • Critics argue that deficit spending can lead to inflation and increased national debt, while proponents claim it can stimulate economic growth.
  • The country's recent economic downturn prompted the government to adopt a policy of deficit spending to boost employment and investment.
  • Some economists believe that deficit spending can be an effective tool for governments to respond to economic crises, but only if done responsibly and with a clear plan for repayment.

Synonyms

  • Compensatory Spending
  • Pump Priming

Hypernyms

  • Disbursal
  • Disbursement
  • Outlay
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