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5.2.3 meaning and significance of the national debt
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National debt and budget balance

National debt and budget balance

The national debt is the total stock of money owed by the government. It has accumulated from past budget deficits net of any budget surpluses.

5.2.3 meaning and significance of the national debt Lesson

  1. Intl A Level
  2. /Economics
  3. /5.2.3 meaning and significance of the national debt

Step-by-step lessons on CIE Intl A Level Economics 5.2.3 meaning and significance of the national debt. Each one builds up to exam-style questions.