Discuss various ways of measuring the size of the national debt.


Discuss various ways of measuring the size of the national debt.

National debt:

In economics, national debt refers to the intragovernmental and public debt that is owed by the federal government of a nation. It is also termed a sovereign debt. For example, the public owes this to the people who purchase its bonds. The involved buyers are global investors, the citizens of this given nation, and foreign governments. On the other hand, in intragovernmental debt, the federal government owes money to other sectors of the government. Usually, this money funds the government and pensions for its citizens.

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There are different ways of measuring the national debt such as the absolute dollar size and the use of the debt to GDP ratio method. For example, the...

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Short-Term GDP and National Debt: Keynes' Theory


Chapter 13 / Lesson 12

Learn about short-term gross domestic product and national debt from the perspective of famed economist John Maynard Keynes. Discover how Keynes' Theory and ~'Keynesian economics~' can influence policymaking decisions during a financial crisis.

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