What is another word for deficit spending in economics

Answer

Compensatory spending. The spending of public funds obtained by borrowing rather than by taxation. Thanks for using ChaCha!

Source: deficit spending - definition of deficit spending by the Free Online Dictionary, Thesaurus and Encyclopedia. | www.thefreedictionary.com

Description: The spending of public funds obtained by borrowing rather than by taxation.

Jul 04 2009, 03:44pm

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