The government debt is the difference between the current level of total expenditures and revenues.

Name: The government debt is the difference between the current level of total expenditures and revenues.
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The government debt is the total amount of money that a country's government owes to creditors. It is not simply the difference between expenditures and revenues, as it can be influenced by factors such as borrowing, interest rates, and inflation.

The Government Debt Is the Difference Between the Current Level