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1. List 2 disadvantages of deficit spending in the

economy.
1.
__________________________________________________________________

2.
__________________________________________________________________

User Loudrous
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1 Answer

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Step-by-step explanation:

A budget deficit can lead to higher levels of borrowing, higher interest payments, and low reinvestment, which will result in lower revenue during the following year. The opposite of a budget deficit is a budget surplus.

User Manmohan Soni
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