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what is meant by the term National Debt?
National Debt: Total outstanding borrowings of a central government comprising of internal (owing to national creditors) and external (owing to foreign creditors) debt incurred in financing its expenditure.
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Asked 10/19/2010 10:00:37 AM
Updated 2/14/2015 1:05:08 PM
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National Debt: Total outstanding borrowings of a central government comprising of internal (owing to national creditors) and external (owing to foreign creditors) debt incurred in financing its expenditure.
Added 2/14/2015 1:05:08 PM
This answer has been confirmed as correct and helpful.
Confirmed by sujaysen [2/14/2015 1:06:58 PM]
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Describe the term budget deficit?
Weegy: The primary deficit is defined as the difference between current government spending and total current revenue from all types of taxes. [ The total deficit (which is often just called the 'deficit') is spending, plus interest payments on the debt, minus tax revenues.[1] ] User: what is the government attempts to pay for budget deflict, and where do they get the money? (More)
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Updated 108 days ago|8/17/2023 7:22:15 AM
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A budget deficit is when government expenses exceed revenue.

Added 108 days ago|8/17/2023 7:22:01 AM
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