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What is the difference between the National debt and the budget deficit?
Budget deficit is how much we spend per year over what we take in from taxes. National debt is the total amount the nation owes (the deficits added together).
National debt in 2003?
What was the national debt in 2003?
What effect did the national debt have on France?
NOTHING the national debt was completely irrelevant.
What is the national debt clock?
The national debt clock is a real time running total display which constantly updates to show the current national debt of the United States. You can find it at the website US Debt Clock.
What does a budget deficit do to the national debt?
The debt increases.
Which term describes the amount of money the nation owes?
Debt
What was Hamilton's plan to get the nation out of debt was?
Hamilton wanted to create a national bank, use manufacturing to fund the national debt.
How does national debt affect a society?
it can do as it pleasessfasf
What are some pros and cons of the United States national debt?
Pro: The Nation will be debt free. Con: The National debt right now (2010) is 14,000,000,000,000 which is a lot of money to pay off and the nation might go broke.
What is The level of the nation's national debt?
Depending on what nation, several hundred million to billions of £$ (other)
The fundamental cause's of the French Revolution?
France was a Nation with a huge National debt.
What two thing did Washington warn the nation about?
national debt and political affairs
Why is the US national debt important?
Currently the US national debt is about 13 trillion dollars, and this is an extremely large amount. The nation is deeply in debt. Debts are expensive because lenders charge interest.
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 are five ways the national debt can affect the economy?
Delayed social security, rising interest rates, difficulties in investing, tax payers paying the burden, and a recession that extends across nations are five ways the national debt can affect the economy. For businesses and trade to be strong, the national debt cannot be high.
What economic problem troubled the nation at the beginning of Washington's presidency and how were they solved?
National debt. Hamilton solved it by creating a national bank
What economic problems troubled the nation at the beginning of Washington's presidency How were they solved?
National debt. Hamilton solved it by creating a national bank
