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4 Cards in this Set
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occurs when the spending of a government exceeds that of its financial savings. In fact, budget deficit normally happens when the government does not plan its expenses, after taking into account its entire savings.
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budget deficit
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occurs when the spending of a government exceeds that of its financial savings. In fact, budget deficit normally happens when the government does not plan its expenses, after taking into account its entire savings.
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national debt
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A budget deficit that results from a fundamental imbalance in government receipts and expenditures, as opposed to one based on one-off or short-term factors.
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structural budget deficit
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a way of reducing a governments debt by replacing the debt with money. This is money which is newly introduced to the circulation, thereby increasing money supply in the market. Debt instruments are replaced with money.
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monetization of the deficit
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