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Financing Issues and Economic Effects of American Wars: CRS Report for Congress, Updated July 29, 2008

机译：美国战争的融资问题和经济影响：美国国会的CRs报告，2008年7月29日更新

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The increased government outlays associated with wars can be financed in four ways: through higher taxes, reductions in other government spending, government borrowing from the public, or money creation. The first two methods are unlikely to have an effect on economic growth (aggregate demand) in the short run: the expansion in aggregate demand caused by greater military outlays is offset by the contraction in aggregate demand caused by higher taxes or lower non-military government spending. The latter two methods increase aggregate demand. Thus, a by-product of American wars has typically been a wartime economic boom in excess of the economys sustainable rate of growth. Wars may shift resources from nonmilitary spending to military spending, but because military spending is included in GDP, it is unlikely to lead to a recession. Just as wars typically boost aggregate demand, the reduction in defense expenditures after a war removes some economic stimulus as the economy adjusts to the return to peacetime activities.

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作者
Labonte, M.; Levit, M.;
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年度 2008
页码 p.1-21
总页数 21
原文格式 PDF
正文语种 eng
中图分类工业技术;
关键词
American wars; Financing issues; Economical effects; CRS report (Updated July 29; 2008); Higher taxes; Reductions in spending; Borrowing; Money creation;

机译：美国战争;融资问题;经济影响; CRs报告（7月29日更新; 2008年）;高税收;削减支出;借款;创造资金;

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Financing Issues and Economic Effects of American Wars: CRS Report for Congress, Updated July 29, 2008

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