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The Epic Interactive Encyclopedia 1998
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Epic Interactive Encyclopedia, The - 1998 Edition (1998)(Epic Marketing).iso
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D
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Deficit_financing
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INFOTEXT
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1992-09-02
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In economics, a planned excess of expenditure
over income, dictated by government policy,
creating a shortfall of public revenue which
is met by borrowing. The decision to create a
deficit is taken to stimulate an economy by
increasing consumer purchasing, and at the
same time create more jobs.