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单词 national debt
释义 national debt

The debts of a central government, both internal and overseas.Net government borrowing each year is added to the national debt. The non-sterling debt is important because interest on it adversely affects the balance of payments. Management of the national debt, which can be an important aspect of government monetary policy, is in the hands of the National Debt Commissioners of the Bank of England.

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更新时间:2025/5/24 21:17:13