Question: Explain why governments find it difficult if not impossible to use fiscal policy without accumulating debt.

Explain why governments find it difficult if not impossible to use fiscal policy without accumulating debt.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Answer Governments often find it difficult if not impossible to use fiscal policy without accumulating debt due to several economic and political reasons 1Economic Cycles and Unpredictability Fiscal p... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!