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Economics Eduqas
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Control of the national (public sector) debt
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Multiple choice
What is the distinction between a
budget deficit
and
national public sector debt
?
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The deficit is a
flow
(annual borrowing).
Debt is a
stock
(accumulated total of past borrowing).
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Control of the national (public sector) debt Flashcards
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Economics
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Control of the national (public sector) debt
