The National Debt is different from a private personal debt because
A) The federal government can print dollars, you cannot
B) Much of the national debt is owed to people within the United States, thus "we owe it to ourselves"
C) The federal government can tax its citizens to service its debt, people have to earn money to service their own debt
D) All of the above
Correct Answer:
Verified
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Q18: The National Debt of the United States
Q19: The National Debt of the United States
Q20: Approximately what percent of the National Debt
Q21: The federal debt was first funded in
A)
Q22: The last time the federal (national debt)
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