The U.S. Treasury exercises the greatest measure of control over the nonmarketable public debt, yet it is the marketable public debt which has the greatest impact on the cost and availability of credit in the nation's financial markets.

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The Answer of The U.S. Treasury exercises the greatest measure of control over the nonmarketable public debt, yet it is the marketable public debt which has the greatest impact on the cost and availability of credit in the nation's financial markets.

The US Treasury Exercises the Greatest Measure of Control Over the the Nonmarketable