Question

public debt a. . b. is public debt interest that the government must pay to those who hold the bonds it has issued to finance past budget deficits. c. . d. is public debt the portion of the debt the u.s. government owes to u.s. citizens.

Answer 1

Net public debt is gross public debt minus the portion that is held by government agencies

Public debt is the total amount borrowed by the government, including all obligations, to meet its development budget. It must be paid out of the Consolidated Fund of India. The term "debt obligations" is also used to describe the total liabilities of the federal and state governments, even though the Union government expressly distinguishes its financial obligations from those of the states.

The ability of the government to issue debt has been crucial in the development of states. Public debt has been linked to the establishment of democracy, private financial markets, and modern economic expansion..

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