Public debt refers to the total amount of money owed by a government to its creditors, which can include individuals, institutions, and other countries. National debt, on the other hand, encompasses all forms of debt incurred by a country, including public debt as well as private debt.
Both public debt and national debt can impact a country's economy in various ways. High levels of debt can lead to increased interest payments, which can strain government finances and limit the ability to invest in other areas such as infrastructure and social programs. Additionally, high debt levels can also lead to higher taxes or inflation, which can negatively affect economic growth.
Overall, managing public and national debt levels is crucial for maintaining a stable economy and ensuring long-term financial sustainability.
what is the difference between barter economy and monetary economy ?
The difference between market economy and mixed economy is that a marked economy is a marked economy and a mixed economy is a mixed economy
The difference is that Economy is a system and Economics is the study of something.
The difference is that Economy is a system and Economics is the study of something.
A micro economist studies the market and companies while a macro economist studies the economy on a national or international scale.
what is the difference between barter economy and monetary economy ?
The difference between market economy and mixed economy is that a marked economy is a marked economy and a mixed economy is a mixed economy
The difference is that Economy is a system and Economics is the study of something.
The difference is that Economy is a system and Economics is the study of something.
In a mixed economy, there are more government regulations.
A micro economist studies the market and companies while a macro economist studies the economy on a national or international scale.
The price difference between first class and economy class tickets for this flight is 500.
The Philippines is not nearly as industrialized. The economy is unstable.
Who gives a f**k. Nobody cares about the economy. If you do you are a ho**
There is no functional difference; they are the same thing, though they may be applied to differentiate between economic activity between certain groups of states and the world as a whole.
Describe Nigeria's economy as Mono-product and import oriented economy
those are big words