Answer:
A) False, because the relative size of the public debt affects a country's wealth and productivity.
B) True, it is similar to owing money to your spouse, the money doesn't leave the household.
C) False, the Fed, Social Security and other federal agencies together hold approximately 26% of the public debt (total US debt is around $23 trillion)
D) True, but not that much really. If you compare that same % between 2010 (around 40%) and today, it has nearly doubled to 74%
E) False, the US has a total debt vs GDP ratio of 115%, but the United Kingdom's ratio is 333%, France's 213%, Holland 522%, Canada also 115%, etc.
