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The Net Public Debt Is Defined as

Question 57

Multiple Choice

The net public debt is defined as


A) the total amount owed by all individuals, corporations, and governments in the United States.
B) the total amount owed by the federal government to individuals, businesses, and foreigners.
C) a percentage of the gross national product not to exceed 10 percent of all gross sales.
D) money not available for use.
E) the total amount owed by the federal government to individuals, businesses, and foreigners, as well as interagency borrowings within the government.

Correct Answer:

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