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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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