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Tju [1.3M]
1 year ago
10

The debt of state and local governments is mostly? owed to citizens of other nations. external. worthless internal.

Business
1 answer:
topjm [15]1 year ago
3 0

The debt of state and local government is mostly an external debt.

The financial obligations of the government sector are known as a nation’s gross government debt, often known as public debt or sovereign debt Government borrowing over time is mostly due to prior shortfalls in the budget. When a government’s expenses exceed its receipts, a deficit results. Both domestic and foreign residents may be subject to government debt.

Public debt management is the process of creating and implementing a strategy for managing the government's debt to raise the required amount of funding, and meet other goals of government.

Global government debt in 2020 was estimated to be worth $87.4 US trillion, The percentage of government debt in total debt (which includes corporate and family debt) reached its highest level since the 1960s, close to 40%.

To learn more about public debt , refer this link.

brainly.com/question/2902349

#SPJ4

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Answer:

Emerging

Explanation:

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4 0
3 years ago
What is the acceleration of an object that has a mass of 4.0 kg if the net force acting on it is 26N
Lynna [10]
Use Newton's Second Law: Fnet = ma
where Fnet = total net force, m = mass of object, and a = acceleration of object.

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26 = 4.0a
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Indicate the effect of each transaction during the month of October 2016 and the balances for the accounting equation after all
Nikolay [14]

Answer:

Test answer

Explanation:

Please delete that answer

5 0
3 years ago
If you had a million dollars what would you buy and why? 2 sentences please!!
Mekhanik [1.2K]
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"XYZ Corporation announces a 10% stock dividend, followed by a 5% "spin off" of a subsidiary business. A customer who owns 200 s
Deffense [45]

Answer:

20 shares of XYZ and 11 shares of the spin-off

Explanation:

The 20 shares of XYS comes from

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= 20 shares-

So, the total number of shares now is

= 200 shares + 20 shares

= 220 shares

And there is 5% spin off

So, the number of shares contains spin off is

= 220 shares × 5%

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3 years ago
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