Externally held debt refers to that part of the national debt owned by private individuals,and internally held debt refers to that part owned by government agencies.
Internal debt is U.S.government debt held by U.S.households and institutions,whereas external debt is debt held by foreign households and institutions.
Correct Answer:
Verified
Q119: The In the News article in the
Q120: Most developed countries experience deficit spending.
Although U.S.budget
Q121: The national debt is a stock of
Q122: Eventually,external debt must be repaid with the
Q123: The issuance of new debt in payment
Q125: Because the government must pay interest on
Q126: When deficits are run continuously with a
Q127: The opportunity cost of government purchases is
Q128: The size of the debt will begin
Q129: Rising interest rates can cause crowding out,but
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents