How can the state budget deficit be reduced?
| February 4, 2021 | education
The state budget deficit is the excess of expenditures over its revenues. The measures to reduce the state budget deficit are different, and here are some of them:
1. Issue of money, ie the issue of additional funds. As a result, the coverage of domestic debt, and as negative aspects – inflation, and as a result, the depreciation of citizens’ funds.
2. Raising taxes. As a result, the attraction of additional funds to the state budget, and as a minus – the development of shadow business.
3. Decrease in expenses for all budget items.
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