Which of the following statements is true?
A) About half the federal debt held by the public is foreign owned.
B) We owe the federal debt to ourselves.
C) The Social Security trust fund holds most of the federal debt.
D) Federal debt as a percentage of GDP has been continuously falling since 2001.
Correct Answer:
Verified
Q29: The American Recovery and Reinvestment Act was
Q30: From 2002-2008 the federal government has routinely
Q31: The proposed "Balanced Budget Veto" would give
Q32: Placing primary emphasis upon the use of
Q33: The deficit reduction schedule of the Gramm-Rudman-Hollings
Q35: Answer the next two questions based upon
Q36: Answer the next two questions based upon
Q37: Federal debt per capita is:
A) rising
B) falling
C)
Q38: If tax reductions produced a supply-side effect:
A)
Q39: Answer the next six questions on the
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