Question

To say that "the U.S. public debt is mostly held internally" is to say that:_______ a. the bulk of the public debt is owned by U.S. citizens and institutions. b. only interest payments on the public debt are an economic burden. c. the public debt is equal to the land and building assets owned by the federal government. d. official figures understate the size of the public debt.

Answer 1

Answer: The correct answer is "a. the bulk of the public debt is owned by U.S. citizens and institutions.".

Explanation: To say that "the U.S. public debt is mostly held internally" is to say that: the bulk of the public debt is owned by U.S. citizens and institutions.