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1.Go to http://www.treasurydirect.gov/NP/BPDLogin?application=np What is the current national debt?What are your thoughts about this figure? 2.Explain the difference between a budget deficit and national debt.What

1.Go to http://www.treasurydirect.gov/NP/BPDLogin?application=np What is the current national debt?What are your thoughts about this figure?

2.Explain the difference between a budget deficit and national debt.What happens to the national debt when there is a budget deficit?

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