Which of the following is true of government debt?
A) The interest payments on federal bonds held by Americans will be paid to investors in other countries.
B) The share of the federal debt held by foreigners has declined from 35 percent of GDP in 1990 to less than 10 percent of GDP in 2012.
C) Between 2000 and 2012, federal debt owed to foreigners has risen from approximately 10 percent to 35 percent of GDP.
D) Less than 5 percent of the federal debt is owed to foreigners.
Correct Answer:
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