What is the best word for spend more than earned in economic term.?

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just wanna know it, i got a word "discrepancy spending", but professor said that's not what he wants.

2006-11-05 04:35:26 · 4 answers · asked by doomon 1 in Social Science ➔ Economics

Btw, my professor said the first word start with n, second word start with s.

2006-11-05 04:54:41 · update #1

The term for spending less than earning is 'saving'. The opposite is "negative saving", which is also often referred to as "dis-saving".

2006-11-05 13:15:24 · answer #1 · answered by eco101 3 · 0⤊ 0⤋

The term you were looking for is "deficit spending."

2006-11-05 12:38:16 · answer #2 · answered by Anonymous · 0⤊ 0⤋

In "debt" Pops

2006-11-05 12:39:02 · answer #3 · answered by Pops 6 · 0⤊ 0⤋

spendthrift

wasteful

fiscally irresponsible

financially ignorant

2006-11-05 13:15:27 · answer #4 · answered by Anonymous · 0⤊ 1⤋