Government Debt Explained: Deficits, Borrowing and Bonds - Economics Made Simple
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Government Debt Explained: Deficits, Borrowing and Bonds - Economics Made Simple
Why do governments borrow money and what is government debt? In this episode of the Economics Made Simple series, we explain the concept of government debt, one of the key topics in macroeconomics. You’ll learn: • The definition of government debt • What a budget deficit is • How governments borrow money by issuing government bonds ...
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