This topic contains a solution. Click here to go to the answer

Author Question: Explain the differences between the public debt and the government budget deficit. What will be ... (Read 137 times)

moongchi

  • Hero Member
  • *****
  • Posts: 516
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aidanmbrowne

  • Sr. Member
  • ****
  • Posts: 305
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





 

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

For a complete list of videos, visit our video library