madiwarner575
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  • 02-03-2021
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How did FDR's deficit spending impact future presidents?

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basilglacken basilglacken
  • 02-03-2021

Answer:

Key Takeaways. A government experiences a fiscal deficit when it spends more money than it takes in from taxes and other revenues excluding debt over some time period. ... An increase in the fiscal deficit, in theory, can boost a sluggish economy by giving more money to people who can then buy and invest more.

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