A Major Reason That the Public Debt Cannot Bankrupt the Federal

question 308

Multiple Choice

A major reason that the public debt cannot bankrupt the federal government is because

• A) the public debt is mostly held by foreigners.
• B) the federal government has the Social Security Trust Fund.
• C) the public debt can be easily refinanced by issuing new bonds.
• D) the federal government can draw on its gold reserves.

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Definitions:

Observing Behavior

The process of systematically watching and noting behaviors as they occur in their natural settings.

Personal Self-Efficacy

Refers to an individual's belief in their own capacity to execute behaviors necessary to produce specific performance attainments.

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A widely-used social networking platform that allows users to connect, share, and communicate with friends and family online.

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The process of learning behaviors, attitudes, or emotional reactions through observing others.