What is deficit financing?

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Deficit financing is a practice in which a government spends more money than it receives as revenue, the difference being made up by borrowing or minting new funds.

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Asked 3/26/2014 1:10:12 PM

Updated 3/26/2014 3:04:54 PM

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alfred123

Deficit financing is a practice in which a government spends more money than it receives as revenue, the difference being made up by borrowing or minting new funds.

Added 3/26/2014 3:04:54 PM

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Another term for the government’s Expressed Powers is _________________. a. implied powers. c. inherent powers. b. enumerated powers. d. allegiance powers.

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Updated 2/27/2016 9:18:10 AM

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erikalui

A strict constructionist is someone seeking to limit the powers of Congress to its expressed powers and only the most vital implied powers.

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Added 3/27/2014 5:18:08 AM

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Confirmed by jeifunk [2/27/2016 9:18:22 AM], Rated good by jeifunk

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Updated 3/27/2014 1:21:36 AM

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paral

The implied powers doctrine, upheld in McCulloch v. Maryland, gives Congress the power to create a national bank and if Maryland could tax it.

Added 3/27/2014 1:21:36 AM

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Updated 3/28/2014 1:18:50 PM

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