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When a country (or a person) borrows money to pay yearly debt they are involved in this type of spending. surplus spending C. consumer spending b. deficit spending d. corporate …

When a country (or a person) borrows money to pay yearly debt they are involved in this type of spending. surplus spending C. consumer spending b. deficit spending d. corporate …
asked 73.3k views
2 votes
When a country (or a person) borrows money to pay yearly debt they are involved in this type of spending.

surplus spending
C. consumer spending
b. deficit spending
d. corporate spending
a.

asked
User Tiffini
by
8.1k points

1 Answer

2 votes
Deficit spending because funds are raised by borrowing rather than from taxation.
answered
User Ed Brannin
by
8.7k points
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