Question: Summarize the differences between tax financing and bond financing, and, thinking like an economist and not a politician, explain the circumstances wherein each means of

Summarize the differences between tax financing and bond financing, and, thinking like an economist and not a politician, explain the circumstances wherein each means of financing is best suited.

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If government expenditures are greater than tax revenue collected by the government then the government is said to run a budget deficit which is also ... View full answer

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