Economy, asked by jatothakhil90, 1 month ago

what is a public debt​

Answers

Answered by VaishnaviVerma442008
1

Answer:

The public debt is how much a country owes to lenders outside of itself. These can include individuals, businesses, and even other governments. The term "public debt" is often used interchangeably with the term sovereign debt. Public debt usually only refers to national debt.

Answered by karanvivek60
1

Explanation:

public debt, also known as public interest, public debt, national debt and sovereign debt, is the total amount of debt owed at a point in time by a government or state to lenders. Government debt can be owed to lenders within the country or owed to foreign lenders.

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