national debt in Economics topic From Longman Dictionary of Contemporary Englishˌnational ˈdebt noun [countable usually singular] the total amount of money owed by the government of a country The government taxed fuel highly in order to finance the national debt.Examples from the Corpus...
Former President Donald Trump's tax and spending proposals could send the national debt soaring, according to a new study by the Penn Wharton Budget Model. Scott Lincicome, the vice president of general economics at Cato's Herbert A. Stiefel Center for Trade Policy Studies, joins CBS News with...
Define national income. national income synonyms, national income pronunciation, national income translation, English dictionary definition of national income. n. The total net value of all goods and services produced within a nation over a specified per
单词national debt 释义Related topics: Economics, Governmentˌnational ˈdebt noun [countable usually singular] PEPGthe total amount of money owed by the government of a country 国债 The government taxed fuel highly in order to finance the national debt. 政府为了偿付国债,征收很高的燃料税。Example...
According toTradingEconomics.com, in 2015, the United States recorded a government debt-to-GDP ratio of 104.17%. From 1940 to 2015, the country’s government debt-to-GDP averaged 61.94%. In 1946, it reached an all-time-high of 121.70%, while in 1974 it registered its lowest debt burden...
First part of national debt theory of economics. Western economists, bonds and treasuries are two different concepts, because Western countries local government debt, so Treasury bonds means only the central government debt. This is different from the definition of the concept of China's national de...
National Debt vs. Budget Deficits The federal government runs a budget deficit whenspending exceeds tax collectionsand other revenue. The U.S. Treasury sells Treasury bills, notes, and bonds to make up the difference. The national debt is the aggregate of the federal government's annual budget ...
economists and political scientists have claimed that high levels of national debt during World War II prove that the modern national debt is not a serious threat: Paul Davidson, editor of the Journal of Post Keynesian Economics and author of The Keynes Solution: The Path to Global Economic ...
Define National Education Association. National Education Association synonyms, National Education Association pronunciation, National Education Association translation, English dictionary definition of National Education Association. abbr. 1. National E
Gross National Income (GNI), an alternative to GDP as a way to measure and track a nation's wealth, is the total amount of money earned by a nation's people and businesses.