Which of the Following Best Describes the "Two Faces of Debt

question 9

Multiple Choice

Which of the following best describes the "two faces of debt" concept?

• A) Deficit spending units (DSUs) are sometimes Surplus spending units (SSUs).
• B) Every financial asset is someone else's liability.
• C) Intermediaries may own both direct and indirect financial assets.
• D) The government is unable to control its federal spending.

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