Government Borrowing

1. What is a bond?
2. What is one way the government can raise money?
3. What is the national debt as of today?
4. What is the difference between deficit and debt?
5. What was the deficit in...
   1. 1992?
      1988?
      The end of World War II (1945)?
      The year of the stock market crash (1929)?
      1901?
6. Summarize the history of the national debt for the last 10 years.
7. How does the government borrowing money affect you?