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Your dog bites your best friend Mark each time Mark tries to pet her. Mark stops petting your dog. This is an example of
National Debt
The total amount of money that a country's government has borrowed, by various means, to cover its spending in excess of tax revenues.
Federal Budget Deficit
The shortfall when the federal government's expenditures exceed its revenues within a fiscal year.
Federal Budget Deficit
The financial situation where the federal government's expenditures exceed its revenues in a given fiscal year.
National Debt
The total amount of money that a country's government has borrowed by various means.
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