____ occurs when the government spends more than it collects in taxes.
A) Deficit spending
B) Fiscal policy
C) Monetary policy
D) Gross domestic product
E) Business cycle

Question

Quizplus · Accepted Answer

Deficit spending occurs when the government spends more than it collects in taxes. This can lead to an increase in the national debt and can have an impact on the economy.

____ Occurs When the Government Spends More Than It Collects