Please one page article regarding the relationship between budget deficit and the national debt. Also, please discuss various ways of measuring the size of the national debt.

Please remember: the goal of this assignment is to help you to better understand the rationale behind the governmet debt and deficit.

Directions

• Broadly define both terms.
• Give the various names of measuring the size of national debt.
• Discuss the relationship between budget deficit and national debt.
• Give examples that you saw in your daily life.
• Summarize your explanation in one last paragraph.