Question

what is public deft?​

Answer 1

Answer:

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Government debt contrasts to the annual government budget deficit, which is a flow variable that equals the difference between government receipts and spending in a single year. The debt is a stock variable, measured at a specific point in time, and it is the accumulation of all prior deficits.

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Answer 2

Answer:

Goverment debt contrasts to the annual goverment budget,deficit which is a flow variable that equals the difference between government receipts and spending in a single year.The debt is a stock variable measured at a specific point in time and it is the accumulation of all prior deficits.