Deficits and Debt: Economic Effects and Other Issues
Grant A. Driessen
Abstract
Open-access reader
Grant A. Driessen
Abstract
Open-access reader
This report explores distinctions in the concept and composition of deficits and debt and explains how those two measures interact with each other and the general economy.
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This report explores distinctions in the concept and composition of deficits and debt and explains how those two measures interact with each other and the general economy.
Key concepts: Debt, Federal budget, Debt-to-GDP ratio, Economics, Debt levels and flows, Value (mathematics), Sustainability, Debt ratio