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Deficit and debt PUTTITIC ZUZU) Introduction to Macroeconomics 1. Canada recently announced 3438 of deficit in the year 2020/2021. Explain the difference between deficit and

Deficit and debt

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PUTTITIC ZUZU) Introduction to Macroeconomics 1. Canada recently announced 3438 of deficit in the year 2020/2021. Explain the difference between deficit and debt. (5 marks) 2. Please discuss whether governmental debt is positiveegative/both for the economy and explain your economic view. (5 marks) 3. Finally, provide what you believe will happen in the present and the future for the country due to this 343B deficit in Canada. (You may

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