answersLogoWhite

0


Best Answer

The annual deficit is the amount of money the government is losing every year: basically, how much it spends beyond what it makes. The national debt is the sum of all the annual deficits combined.

User Avatar

Wiki User

βˆ™ 14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the difference between deficit and public dept?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the difference between the federal dept and the federal deficit?

the debt is 15 trillion the defict is what they need to break even


What is the difference between credit and debt?

credit is money and dept is where you owe someone or the bank alot of money did this help you?


What is the difference between county health dept inspections and OSHA?

OSHA is a federal agency and has juristiction over county health departments.


Full form of Aen in public works dept?

Assistant engineer


Difference between college and university?

Colleges typically are divided into academic departments (engineering dept., English dept., biology dept., etc.). Universities typically have colleges or schools that fall under the university (school of business, school of engineering, etc.)


What do you do to become a public insurance adjuster in Massachusetts?

check with Mass. Dept. of Insurance


Who regulates skilled nursing homes in Georgia?

Ga Dept of Public Health


What has the author Margaret Archibald written?

Margaret Archibald has written: 'By federal design' -- subject(s): Architecture and state, Canada. - Dept. of Public Works. - Chief Architect's Branch, Canada, Canada. Dept. of Public Works. Chief Architect's Branch


Why was there such a.large public dept?

The public debt can be increased by increased government spending and/or by weak taxation laws, or by weak enforcement of tax laws.


What is swedens public dept?

well , with blood,sweet and tears we worked it down to 30 % of GDP.


Is the dept of defense a private or public sector?

The Department of Defense is a Cabinet-level Department in the United States government. As a part of the Government, it is public sector.


Are all full blown AIDS cases are reportable by person's name?

Only the Public Health Dept. can contact named sexual partners. This is not public information.