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Economics
Tutor: None Selected Time limit: 1 Day

Are there any circumstances where you feel it would be ok for the government to run a budget deficit?

Oct 1st, 2015

Thank you for the opportunity to help you with your question!

There are at least three circumstances that justify a budget deficit:

1. War- purchase of munitions, planes in order to defend one's territory beyond one's original budget

2. Flood, hurricane or other emergency disaster relief measures beyond one's estimated budget

3. As a deliberate policy to spend on services in order to reduce mass unemployment 

Please let me know if you need any clarification. I'm always happy to answer your questions.
Oct 1st, 2015

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Oct 1st, 2015
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Oct 1st, 2015
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