Please give your best explanation of each concept and why it matter? PLEASE!

Fiscal F'olicv and Government Debt I Deficit and debt: Total dollars and percent of GDP I De ht limit, reconciliation procas, continuing resolution I Marginal vs. ave rage tax rates I l'wlandatorl.r vs. discretionarl.r spending I Do deficits matte r? I HowI to reduce debt and deficits? Foreign Trade I Exports and imports of goods I Exports and imports of services I Current account balance I If nation's consumption exceeds its production, it 1Mill have a current account deficit and need to import foreign capital [funds] Investments I Bond pricesvs. interest rates I Determinants of interest rates for different tvpes of bonds