budget deficit

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Issue:

Social Issues

 

Written by:

Olga H

 

Date added:

August 27, 2012

 

Level:

University

 

Grade:

C

 

No of pages / words:

5 / 1299

 

Was viewed:

8185 times

 

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Essay content:

debt is divided into two major kinds of loans, marketable and no marketable. The former provides about 52 percent of the total and is made up of bills, notes, and bonds that can be traded; the latter includes U.S. savings bonds, foreign-government-owned securities, and government account securities that are redeemable but not tradable...
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savings bonds, foreign-government-owned securities, and government account securities that are redeemable but not tradable. Maturity of this debt ranges from less than a year to over 20 years, with the average maturity about 3 years. More than half of the debt, however, is short term, maturing in less than a year...
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