Soru
as Thenet accumulation of the federal government's annual budget deficits, Le, the total amount of money that the US. federal government owes to its creditors is the. Comparative Advantage Discount Rate National Debt National Deficit
Çözüm
4.6
(251 Oylar)
Ceylan
Elit · 8 yıl öğretmeni
Uzman doğrulaması
Cevap
'National Debt'
Daha Fazla
## Step 1The problem is asking for the term that represents the total amount of money that the U.S. federal government owes to its creditors. This is the net accumulation of the federal government's annual budget deficits.## Step 2The term 'National Debt' refers to the total amount of money that the government owes to its creditors. This is the sum of all the money that the government has borrowed and not yet repaid.## Step 3The term 'National Deficit' refers to the amount by which a government's spending exceeds its revenue in a given year. This is not the correct answer because the question is asking for the total amount of money owed, not the annual deficit.## Step 4The term 'Discount Rate' is the interest rate charged to commercial banks and other financial institutions for loans received from a country's central bank. This is not the correct answer because it does not represent the total amount of money owed by the government.## Step 5The term 'Comparative Advantage' is an economic term that refers to an economy's ability to produce goods and services at a lower opportunity cost than trade partners. This is not the correct answer because it does not represent the total amount of money owed by the government.