National debt is also known as
A)private debt.
B)public debt.
C)private saving.
D)public saving.

Question

Quizplus · Accepted Answer

National debt is also known as public debt, as it is the total amount of money that a government owes to its creditors. Private debt refers to the debt held by individuals, households, and businesses, while private and public saving refer to the amount of money that individuals and the government save, respectively.

National Debt Is Also Known as