How must governments of states that have constitutions that permit deficit spending always finance their actual deficits?

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Economics Today The Micro View

ISBN: 9780135888124

20th Edition

Authors: Roger LeRoy Miller

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Question Posted: Nov 15, 2023 03:06 AM

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How must governments of states that have constitutions that do not permit deficit spending always finance reductions in revenue that would cause a deficit?
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How must governments of states that have constitutions that permit deficit spending always finance their actual deficits?

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Because the states cannot ...View the full answer

Economics Today The Micro View

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