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Which term describes the amount of money the nation owes?
Debt
The amount the nation owes to another country is?
national plan
What is tax credit?
a sum deducted from the total amount a taxpayer owes to the state ; An amount of money that a taxpayer is able to subtract from the amount of tax that they owe to the government.
What do you call the amount the federal government owes?
A deficit.
The total amount that a nation's government owes is called?
Debt. The amount the government spends, above and beyond incoming revenue is called a deficit. The accumulated annual deficit spending plus interest is the debt.
What is the amount the nation owes?
National Debt.I Hopee I Helped Youh. ! (:~UnKnownn;
How do you distinguish between a state and a nation?
A state is a member of a group that owes allegiance to a national government.
What is the word that means person or country that owes money?
The general term is debtor, as in debtor nation.
Money that the government owes is called?
Perpetual government debt (to be paid by the next elected party, and so on).
What is the difference between a citizen and a noncitizen?
A citizen is a member of a nation who was either born there or naturalized and who owes allegianec to the government while receiving certain rights and protections in return. Noncitizen National is born in territories possessed by a nation, owes allegiance to government and lacks certain rights.
What is the difference between a citizen and a noncitizen national?
A citizen is a member of a nation who was either born there or naturalized and who owes allegianec to the government while receiving certain rights and protections in return. Noncitizen National is born in territories possessed by a nation, owes allegiance to government and lacks certain rights.
What does national debt mean?
When a government spends more than it receives in taxes, it runs a budget deficit which is usually covered by issuing debt obligations to domestic and/or international investors. In the US these obligations are Treasury bills, Treasury notes, and Treasury bonds. The total outstanding amount of such obligations constitutes a National Debt.National debt refers to a situation in which the nation owes large amounts of money to outside sources.
