The Net National Debt Is Smaller Than the Gross National

question 34

Multiple Choice

The net national debt is smaller than the gross national debt because

• A)some debt is held by foreigners.
• B)some debt is held by U.S.citizens.
• C)some debt is held by government agencies.
• D)the government does not have to pay all of the debt.

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Definitions:

Retention

The ability to maintain possession of information or material over time, especially in the context of learning and memory.

Priming

A psychological phenomenon where exposure to one stimulus influences the response to a subsequent stimulus, without conscious guidance.

Encoding

The initial learning of information; the process by which information is transformed into a representation that can be stored in memory.

Relearning

Acquiring knowledge or skills more quickly in subsequent learning efforts after they have been forgotten or partially lost.