The amount of money that a government owes its creditors is referred to as that country's
A) GDP.
B) national debt.
C) consumer price index.
D) inflation rate.
E) GNP.

Question

Quizplus · Accepted Answer

National debt refers to the amount of money that a government owes to its creditors, which includes individuals, institutions, and other countries. GDP, GNP, consumer price index, and inflation rate are all different economic indicators used to measure a country's economic performance, but they do not specifically refer to the amount of debt a country owes.

The Amount of Money That a Government Owes Its Creditors