U.S. households borrowed nearly $667 billion in 2009 and by the end of the year owed more than $14 trillion to various lending institutions.

Name: U.S. households borrowed nearly $667 billion in 2009 and by the end of the year owed more than $14 trillion to various lending institutions.
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The question states that U.S. households borrowed nearly $667 billion in 2009, which means that they increased their debt by that amount. Therefore, the statement is true.

US Households Borrowed Nearly $667 Billion in 2009 and by the End