The privately held government debt is that portion of the national debt that
A) must be paid off at some point in the future.
B) is owed to domestic and foreign investors.
C) cannot be refinanced by issuing new debt.
D) is owned by agencies of the federal government.

Question

Quizplus · Accepted Answer

Privately held government debt refers to the portion of the national debt owed to domestic and foreign investors, such as individuals, corporations, and foreign governments. This debt must be paid off at some point in the future through the issuance of new debt or the use of tax revenues. The other options in the question do not accurately describe privately held government debt.

The Privately Held Government Debt Is That Portion of the National