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Text File  |  1992-09-02  |  296b  |  8 lines
  1. In economics, a planned excess of expenditure
  2. over income, dictated by government policy,
  3. creating a shortfall of public revenue which
  4. is met by borrowing. The decision to create a
  5. deficit is taken to stimulate an economy by
  6. increasing consumer purchasing, and at the
  7. same time create more jobs.
  8.