A countrys national debt is a. the amount the country owes to foreigners. b. the

Chapter 0, Problem 47

(choose chapter or problem)

A countrys national debt is a. the amount the country owes to foreigners. b. the difference between the countrys tax revenue and government spending in a given year. c. the sum of the countrys past deficits and surpluses. d. always positive. e. higher when gross domestic product is increasing.

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