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About: Debt levels and flows     Goto   Sponge   NotDistinct   Permalink

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Debt level is a measure of how much debt is outstanding. Debt flow is a measure of debt level changes over time. Both are basic macroeconomic variables. Debt is used to finance household consumptions, businesses, and government spendings. Within mainstream economics, the levels and flows of public debt (government debt) are seen as a larger cause of concern than those associated with private debt.