In 2018, the Federal Reserve and other U.S. (federal) government agencies held about what percentage of U.S. federal debt?
A) 25 percent
B) 60 percent
C) 38 percent
D) 75 percent

Question

Quizplus · Accepted Answer

According to data from the U.S. Department of the Treasury, as of September 2018, the Federal Reserve held about 11 percent of U.S. federal debt, while other U.S. government agencies held about 27 percent. Therefore, the total percentage of U.S. federal debt held by the Federal Reserve and other U.S. government agencies was approximately 38 percent.

In 2018, the Federal Reserve and Other U