The Impact of National Debt on the Economy
Global services are sponsored by the federal government. Any of these programs are consumption-based and do not produce income. Several factors may increase government spending to the point that a fiscal deficit is created, necessitating borrowing. In the most basic form, the national debt is the money owed by the...
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The National Debt of the United States
The national debt of the United States is the total amount of federal debt owed by the government to holders of Treasury securities. At any given point in time, the national debt equals the face value of all outstanding Treasury securities. The current interest rates are a result of economic...
Words: 717
Pages: 3
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