Which of the Following Statements About Government Debt Is False

question 51

Multiple Choice

Which of the following statements about government debt is false?

• A)Government has the power to tax to finance its debt.
• B)Government can create money to finance its debt.
• C)Most U.S. government debt is owned by foreigners.
• D)Almost half of U.S. government debt is internal to the government.

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Definitions:

Verbally

In a manner that uses words, either spoken or written, as opposed to non-verbal communication methods.

Ludus

Love that is carefree and casual, “fun and games.”

Emotional Rapport

A connection or relationship where individuals share mutual understanding, empathy, and emotional closeness.

True Love

a deep, genuine, and mutual affection between partners that signifies a sense of commitment, intimacy, and passion.