The user wants to explore the scenario where government spending exceeds its revenue, possibly seeking information on the financial consequences, impact on the economy, or measures taken to address such situations.
5 answers
Moonshadow
Wed Jan 15 2025
Fiscal policy can be characterized as tight or contractionary in specific circumstances.
isabella_bailey_economist
Wed Jan 15 2025
This occurs when the government's revenue exceeds its spending.
Tommaso
Tue Jan 14 2025
As a result, the government budget achieves a surplus state.
EnchantedDreams
Tue Jan 14 2025
Conversely, fiscal policy is deemed loose or expansionary in other scenarios.
BlockchainMastermind
Tue Jan 14 2025
This happens when the government's spending is greater than its revenue.