To say that "the U.S. public debt is mostly held internally" is to say that
A) only interest payments on the public debt are an economic burden.
B) oﬃcial ﬁgures understate the size of the public debt.
C) the bulk of the public debt is owned by U.S. citizens and institutions.
D) the public debt is equal to the land and building assets owned by the federal government.

Question

Quizplus · Accepted Answer

When we say that the U.S. public debt is mostly held internally, it means that the bulk of the public debt is owned by U.S. citizens and institutions. This implies that the country is not greatly reliant on foreign investors to finance its debt obligations.

To Say That "The U