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Public debt is the money owed by any one branch of the government. National debt is the money owed by all the branches of government.

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10y ago

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16y ago

its all of the money borrowed by the government over the years and not yet repaid, plus the accumulated interest on that money.

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Q: What is public and national debt?
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Related questions

Where is it possible to learn about public debt?

You can learn about the public debt from a variety of locations. This includes looking up data that is supplied by the National Audit Office or by looking at literature from the National Debt Organisation.


What US Treasury bureau monitors the investments of national banks?

The Bureau of Public Debt monitors the investments of national banks. The Bureau of Public Debt was founded in 1940 and dissolved in 2012.


What is the difference between public debt and national debt, and how do they impact a country's economy?

Public debt refers to the total amount of money owed by a government to its creditors, which can include individuals, institutions, and other countries. National debt, on the other hand, encompasses all forms of debt incurred by a country, including public debt as well as private debt. Both public debt and national debt can impact a country's economy in various ways. High levels of debt can lead to increased interest payments, which can strain government finances and limit the ability to invest in other areas such as infrastructure and social programs. Additionally, high debt levels can also lead to higher taxes or inflation, which can negatively affect economic growth. Overall, managing public and national debt levels is crucial for maintaining a stable economy and ensuring long-term financial sustainability.


How big is the Canadian public debt?

The Canadian public debt, which is also called the "national debt" or the "public debt" in Canada. The cost of the debt is constantly changing. You can find up to date information from a Canadian based website called Debtclock (the website will end in a Canadian domain of .ca)


Which U.S. Treasury bureau monitors the investments of national banks?

the bureau of public debt


What were reforms instituted by the National assembly in France?

The National Assembly attempted to deal with food shortages and consolidated public debt.


Which us treasury bureau monitors the investiments if national banks?

The bureau of Public Debt. monitors the investments of national banks.


Is the Social Security Trust Fund part of the national debt?

The $2.5 Trillion of debt obligations held by the SS Trust Fund are most certainly part of the National Debt. The obligations are legally parri passu (equal under the law) with the debt held by the public.


What is the physical collateral of the national debt?

The physical collateral of the national debt is the assets that the government holds, such as land, buildings, and infrastructure. These assets can be used to back the debt and provide security to creditors in case of default.


What was the national debt in 1791?

the national debt was something used to create national debt


What is the difference between national debt and public debt, and how do they impact a country's economy?

National debt refers to the total amount of money owed by a government, including both domestic and foreign debt. Public debt, on the other hand, specifically refers to the money owed by a government to its own citizens or institutions. Both national debt and public debt can impact a country's economy by increasing the burden of interest payments, reducing the government's ability to invest in other areas such as infrastructure or social programs, and potentially leading to higher taxes or inflation. Excessive debt levels can also make a country less attractive to investors and lenders, which can further harm the economy.


Alexander Hamiltons 1790 Report on Public Credit recommended that the 52 million public debt be?

Pooled with the 25 million dollars of state debt and paid off through bonds and a national bank.