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Us Debt
 

Us Debt

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    Us Debt Us Debt Presentation Transcript

    • DEBT

    • US Deficit FY2009: $1.2 trillion = 8% of GDP
      US Debt = $10 trillion
      US GDP = $13.84 trillion
    • Deficit
      If Expenditures > Revenues you have DEFICIT
      Expenditures – Revenue = Deficit
      Money in - Money out = Deficit
      $700 - $800 = - $100
      Your Deficit is $100 
    • Surplus
      If Revenues > Expenditures you have SURPLUS
      Revenue – Expenditure = Surplus
      Money in - Money out = Surplus
      $800 - $700 = $100
      Your surplus is $100 
    • GDP?
      GDP is the GROSS DOMESTIC PRODUCT
      GDP is the total output of all economic activity in a nation including goods and services
      Health care expenses
      +Durable goods (microwaves, hair dryers, cars)
      +Mining activities
      +Food (PIZZA)
      +Lawyers fees
      +All other economic output
      GDP
    • Debt?
      Debt is the total of all deficits – surpluses

    • US Debt Clock
    • I.O.U.S.A.