Cryptocurrency Q&A
What happens when the government spends more money?
What happens when the government spends more money?
Pietro
Tue Jan 21 2025
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6
answers
1424
I'm wondering about the economic consequences when the government increases its spending. Specifically, I want to understand the effects on the economy, inflation, and public debt when the government allocates more funds.
6 answers
LucyStone
Thu Jan 23 2025
In the fiscal year 2024, the government's expenditures amounted to a significant figure.
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Federico
Thu Jan 23 2025
Specifically, the government spent $6.75 trillion during FY 2021.
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Carlo
Thu Jan 23 2025
A budget deficit arises when a government's expenditures exceed its revenue collections.
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KimonoElegant
Thu Jan 23 2025
This expenditure was higher than the revenue collected by the government during the same period.
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Ilaria
Thu Jan 23 2025
Conversely, a budget surplus occurs when a government's revenue exceeds its spending.
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