207k views
9 votes
What is the difference between national debt and federal deficit

1 Answer

4 votes

Answer:

Key Takeaways. Debt, generally speaking, is an amount of money owed, A deficit refers to negative net money taken in over the course of some period. Both the national debt and budget deficit are watched by investors and economists.

Step-by-step explanation:

I hope this answers your question.

User Fdny
by
8.4k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.