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What is the present value of the following investment opportunity. You invest $10,000 now and another $10,000 in one year. In return you receive $23,000 in two years. Other opportunities available with similar risk yield about 12%.
National Debt
The cumulative sum of funds that a nation's government owes, often acquired by issuing bonds.
GDP
The GDP is the comprehensive market valuation of all end products and services made within a nation's borders during a certain period.
Federal Budget Deficits
The financial situation occurring when a government spends more money than it receives in income, typically measured over a fiscal year.
Federal Budget Deficit
The shortfall when the government's expenditures exceed its revenues in a fiscal year.
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