The National Debt Is a Stock of IOUs Created by the Summation

question 23

True/False

The national debt is a stock of IOUs created by the summation of annual deficit and surplus flows.

---

Definitions:

Sleep

A naturally recurring state of mind and body characterized by altered consciousness, relatively inhibited sensory activity, reduced muscle activity, and inhibition of nearly all voluntary muscles during rapid eye movement (REM) stages.

Light

A form of electromagnetic radiation visible to the human eye, responsible for the sense of sight.

Waking Consciousness

A state of consciousness during which an individual is alert and aware of their thoughts, feelings, and perceptions from the external world.

Altered State

Refers to a state of consciousness that is significantly different from a normative waking beta wave state, such as those induced by meditation, drugs, or hypnosis.