The total amount of debt owed by the federal government is represented by the total value of the outstanding
A) U.S. government securities.
B) Federal Reserve notes.
C) bank loans and deposits.
D) stocks and bonds.

Question

Quizplus · Accepted Answer

The total amount of debt owed by the federal government is represented by the total value of the outstanding U.S. government securities, which are essentially IOUs that the government has issued to investors in exchange for borrowed funds. Federal Reserve notes are the physical currency in circulation, and bank loans and deposits represent liabilities of the banking system, not the federal government. Stocks and bonds may represent debt or equity for individual companies, but are not directly related to the federal government's debt.

The Total Amount of Debt Owed by the Federal Government