The total cumulative amount the federal government owes to its creditors is known as

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The national debt is the total cumulative amount that the federal government owes to its creditors, which includes both domestic and foreign individuals, organizations, and governments. A trade deficit refers to a negative balance of trade, where a country's imports exceed its exports. A budget deficit refers to a shortfall between government revenue and expenditures in a given fiscal year. A credit imbalance and income disparity are not related to the federal government's debt to its creditors.

The Total Cumulative Amount the Federal Government Owes to Its