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Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111 Exercise 12
The portion of the U.S. national debt held by foreigners
A) represents a burden because it transfers purchasing power from U.S. taxpayers to other countries.
B) is an accounting entry that represents no real burden.
C) decreased as a proportion of the total debt during the 2000s.
D) has been constant for many decades.
A) represents a burden because it transfers purchasing power from U.S. taxpayers to other countries.
B) is an accounting entry that represents no real burden.
C) decreased as a proportion of the total debt during the 2000s.
D) has been constant for many decades.
Explanation
Verified
Verified
Therefore, the correct answer ...
Economics for Today 9th Edition by Irvin Tucker
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