Question

In 2018, about ____ percent of the U.S. public debt was held by the U.S. government and Federal Reserve. Multiple Choice 14 37 50 62

Answer 1

It should be noted that the percent of the public debt that was held by the U.S. government is 37 percent.

What is public debt?

Public debt simply means the total amount or total liabilities, that is borrowed by the government in order to meet its development budget.

In 2018, about 37 percent of the U.S. public debt was held by the U.S. government and Federal Reserve.

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