Write an essay analyzing the advantages and disadvantages of deficit spending and the effects of federal government borrowing on the economy i.e., the “crowding out” effect.
Complete this essay in a Microsoft Word document, and in APA format. Minimum of 700 words for your essay is required.
Paper should be structured as follows
1. Cover page with a running head
2. Introduction: What is deficit spending and how does it work.
3. Crowding-out Effect
4. Conclusions: Do you believe that deficit spending helps or hinders short-term and long-term economic growth?