Significant Amounts of United States Treasury Issues Are Purchased by Foreign

question 53

True/False

Significant amounts of United States Treasury issues are purchased by foreign investors; therefore, the U.S. must earn foreign currency to repay this debt.

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Definitions:

Sidewalk

A paved path for pedestrians on the side of a street or road.

Rattlesnake

A venomous snake known for the distinctive rattle at the end of its tail, which it uses as a warning signal.

Liable

Refers to the legal responsibility or obligation of an individual or entity to remedy a loss, harm, or injury caused to another party.