Athletics & Recreation We donât just cheer for our 27 NCAA Division 1 teams, we Raise High the Buff and Blue! Colonials have won more than 95 team championships in 15 different sports â from basketball to tennis, gymnastics to golf.
Government debt is the debt owed by a government. By contrast, the annual government deficit refers to the difference between government receipts and spending in a single year. Government debt can be categorized as internal debt and external debt. Another common division of government debt is by duration until repayment is due. Short term debt is generally considered to be for one year or less, long term is for more than ten years. Medium term debt falls between these two boundaries. A broader
Overall, though, the evidence favors approximate Ricardian equivalence.... Measuring the government budget deficit: Federal Deficit, from the Concise Encyclopedia of Economics The simple fact is that the deficit is not a well-defined economic concept. The current measure of the deficit, or any measure, is based on arbitrary choices of how to label government receipts and payments.