Economic growth, Microeconomics

In his 2009 budget proposal for the U.S., President Obama wrote, "Unfortunately, we are also inheriting the worst economic crisis since the Great Depression which will force us to increase deficit spending temporarily as we try to jump start economic growth." Under what conditions is it sensible to use a deficit to finance government spending?

Posted Date: 3/18/2013 3:08:47 AM | Location : United States







Related Discussions:- Economic growth, Assignment Help, Ask Question on Economic growth, Get Answer, Expert's Help, Economic growth Discussions

Write discussion on Economic growth
Your posts are moderated
Related Questions

what is the formula for finding gross national product?

If the Bank of England wanted to discourage investment spending and reduce aggregate demand, it could?

How would you convert from moles of iron(III) oxide to moles of carbon monoxide?

please can you explainn what "down 0.1 percentage point on the quarter means"?

Discuss the impact of rational self-interest on each of the following decisions

If Kansas can formed either 400 tons of wheat or 100 tons of corn and Nebraska can formed 300 tons of corn or 200 tons of wheat then it makes sense for the two states to specialize

Ask qu a.Fill in the column of marginal products. What pattern do you see? How might you explain it? b. A worker costs $30 per day and the ''Firm has fixed costs of $10. Use this

What is Modern Economics? Modern Economics: Modern economics mostly developed within last sixty years, methodically studies individuals’ economic behavior as well as econo

What is the purpose of the IMF and why might the IMF be called the “lender of last resort”? Discuss how three of the tools they use for establishing economic stability in a country