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  • 24-02-2018
  • Business
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The amount of money owed by the federal government to its creditors is called

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MrsTriplet MrsTriplet
  • 08-03-2018
The amount of money owed by the federal government to its creditors is called Federal Debt. Federal debt happens when the governments expenses exceed its tax revenue. In turn, they have to borrow money so they can pay down some of their debt. 
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