Video clip: National debt and budget deficit explained
This video clip can be found at http://www.neok12.com/Economics.htm
and the link is:
http://www.neok12.com/php/watch.php?v=zX5d6141065c41695378730a&t=Economics
Video clip questions:
1. What exactly is the national debt? Who do "we" owe the debt too?
2. Are budget deficits always something that is undesirable? Why or why not?