Problem
1. Explain the relationship between budget deficits and the national debt.
2. Discuss various ways of measuring the size of the national debt
3. Explain this statement: "The national debt is like taking money out of your left pocket and putting it into your right pocket."
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.