By 1998, the volume of Treasury bills outstanding was about:
A) 500 billion
B) 600 billion
C) $700 billion
D) $800 billion
E) $1 trillion

Question

Quizplus · Accepted Answer

By 1998, the volume of Treasury bills outstanding was approximately $700 billion. Treasury bills are short-term government securities with maturities ranging from a few days to 52 weeks. The amount outstanding can fluctuate based on government borrowing needs and fiscal policy.

By 1998, the Volume of Treasury Bills Outstanding Was About