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The latest figures for the deficit of the US is actually from June 2011. It is most likely that another number won't come out until June 2012. This number was 99% of the
GDP at that time and was US$14,825,163,000,000. It is most probable that this number has dropped, most likely not drastically, but a good amount; you can see the progress the country is making through the stock market. Stocks are at their highest in about 5-10 years; which is even prior to the depression!
What else can I help you with?
Did the US have a trade surplus or deficit?
The USA has a trade deficit.
How do you calculate nominal deficit?
nominal deficit is the deficit determined by looking at the difference between expenditures and receipts.real deficit: nominal deficit - (inflation x total debt)
What are the release dates for The Deficit - 1915?
The Deficit - 1915 was released on: USA: 5 October 1915
How can one identify and calculate a budget deficit effectively?
To identify and calculate a budget deficit effectively, one should compare the total government spending to the total government revenue. If the spending exceeds the revenue, it indicates a budget deficit. The deficit amount can be calculated by subtracting the revenue from the spending.
How do you calculate government's operating surplus or deficit?
To calculate a government's operating surplus or deficit, subtract total government expenditures from total government revenues. If revenues exceed expenditures, the result is an operating surplus; if expenditures exceed revenues, it results in a deficit. This calculation typically includes only current operating revenues and expenses, excluding capital expenditures and revenues. The formula can be expressed as: Operating Surplus/Deficit = Total Revenues - Total Expenditures.
What is the difference between debt and deficit?
Debt is the total amount of money that a country (or company) owes. Deficit is the amount that a country (or company) loses each year.
What do you mean by fiscal deficit?
When a government's total expenditures exceed the revenue that it generates (excluding money from borrowings). Deficit differs from debt, which is an accumulation of yearly deficits.
A deficit appears in which corporation's financial statement?
as a deduction from total paid in capital
In finance what is an excess of liabilities over assets called?
What is excess of total liability over a total assets?
Why always Indian have deficit budget?
Indian economy operates at deficit budget because India is a growing economy and a deficit budget alway boosts the economy.Indian economy is a planned economy where the Fiscal budget of total expenditure is always higher than total budget receipts and capital receipts excluding borrowings.
What is the interest and total amount of money that the US borrowed?
either surplus or deficit :p
What are the release dates for Fix America - 2012 Debt and the Deficit- A Face the Facts USA Special 1-1?
Fix America - 2012 Debt and the Deficit- A Face the Facts USA Special 1-1 was released on: USA: 10 October 2012
