Resource title

Public Debt

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image for OpenScout resource :: Public Debt

Resource description

Public debt, sometimes called national debt, is the cumulative amount a national government has borrowed to finance its outlays. Usually a result of deficit spending, public debt is distinct from a budget deficit in that it is cumulative, whereas deficit refers to a particular budget year's shortfall.

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Resource language

en

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text/html

Resource resource URL

http://www.referenceforbusiness.com/encyclopedia/Pro-Res/Public-Debt.html

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Copyright © 2011 Advameg, Inc.