Which of the following is the best statement about how the amount of the net public debt that a typical individual owes to the holders of the debt has varied in the recent past?
A) The amount has not varied much over time.
B) The amount has varied a lot over time.
C) The amount has steadily increased over time.
D) The amount has steadily decreased over time.

Question

Quizplus · Accepted Answer

The net public debt is the total amount owed by a government to its creditors. An individual's share of this debt is determined by dividing the total debt by the population. While the net public debt has increased over time, the overall population has also increased. As a result, the amount of debt owed by a typical individual has not varied much over time.

Which of the Following Is the Best Statement About How