One Item That Is Considered Part of the Federal Debt

question 61

Multiple Choice

One item that is considered part of the federal debt is:

• A) Treasury bills.
• B) future Social Security benefits.
• C) student loans, which may go into default.
• D) potential liabilities of savings and loan associations.

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Definitions:

Molecules

The smallest units of a chemical substance that can exist independently while retaining the properties of the substance.

Mole

The atomic mass of an element or the molecular mass of a compound, expressed in grams; one mole of any substance has 6.02 x 10^23 units (Avogadro’s number).

Covalent Bonds

Chemical bonds formed by the sharing of electron pairs between atoms.

Valence Electrons

The electrons in the outermost shell of an atom that are involved in forming chemical bonds.