Debt

An amount of money owed by a person, firm, or government to a lender.

US Debt Clock

Webpage for the US Debt Clock

Income Statement

The Income Statement is one of a company’s core financial statements that shows their profit and loss over a period of time.

Introduction to Fiscal Policy

A recession hits and the government increases spending to stimulate the economy. How is this any different from increased government spending during a boom?

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