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Hi there, I'm an economist expert, and I'm here to explain to you about what is the national debt. National debt is a fancy term that simply means the amount of money a country owes to its creditors. It's just like when you borrow some …
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What is national debt? Well, my dear friends, it's a little like borrowing money from your piggy bank to buy some toys, but instead of a piggy bank, the government borrows from banks and other countries to pay for things like schools, roads, and …
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Hi there! Have you ever heard the term about what is the meaning of government debt before? If you haven't, don't worry - I'm here to help you understand what it means. As an economist expert, I've had the chance to study government debt …
How much debt is the US government in? Since the mid-1970s, the U.S. government has been consistently taking on more and more debt to fund its deficit spending. This is a consequence of both past tax cuts, but also recent credits and stimulus …
What are goverment programs for debts? There are multiple government programs and services designed to help those struggling with debt. From loan different to consumer credit counseling, numerous resources can provide answers to questions about …
What is another name for government debt? Government debt represents money owed to creditors by national governments. These debts can come from a variety of sources, including borrowing from domestic and foreign lenders, as well as assuming …
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