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Author Question: Explain the differences between the public debt and the government budget deficit. What will be ... (Read 135 times)

moongchi

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on: Jun 29, 2018
Explain the differences between the public debt and the government budget deficit.
 
  What will be an ideal response?

Question 2

Ways to ration goods include
 
  A) first-come, first-served.
  B) political power.
  C) prices.
  D) all of the above.


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aidanmbrowne

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Reply #1 on: Jun 29, 2018
Answer to Question 1

The public debt is a stock measured at a point in time, while the government budget deficit is a flow measure. The public debt changes as a result of government budget deficits or surpluses. The public debt is the total value of all outstanding federal government securities.

Answer to Question 2

D


moongchi

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Reply #2 on: Jun 29, 2018
Correct answers!


aidanmbrowne

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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