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Describe the requirements and the process for becoming president. Include an explanation of the changes to that process after the passage of the Twelfth Amendment in 1824.
U.S. Government Debt
U.S. Government debt, also known as sovereign debt, is the total amount of money borrowed by the Federal government through the issuance of securities by the Treasury and other federal government agencies.
Real Interest Rates
The interest rate adjusted for inflation, reflecting the true cost of borrowing and the true yield on savings.
Inflation Adjustments
Modifications made to financial statements or figures to account for the effects of inflation, ensuring values are represented in consistent purchasing power.
Liquidity Risk
The risk that an asset cannot be sold or converted into cash quickly enough to meet short-term financial obligations without a significant loss in value.
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