In 2012,the U.S.federal debt held by the public was:

Question

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In 2012, the U.S. federal debt held by the public was about 70 percent of the size of the GDP, according to data from the Congressional Budget Office. This means that the debt was not four times as large as the GDP (choice B) or twice as large as the GDP (choice C). While foreign governments do hold a significant portion of the U.S. federal debt, it is not accurate to say that they hold it largely (choice A).