One Concern Over External National Debt Is That Interest and Principal

question 56

Multiple Choice

One concern over external national debt is that interest and principal payments transfer wealth overseas. The percentage of the national debt held in recent years by foreigners is approximately:

• A)5 percent.
• B)10 percent.
• C)20 percent.
• D)30 percent.
• E)50 percent.

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Definitions:

Assimilation

The process of fully understanding or grasping information, behaviors, or cultural practices, often leading to the integration of new knowledge into one's existing understanding.

Cognitive Structures

Mental frameworks and patterns that shape how individuals absorb, process, and organize information.

Piaget's

Relates to the theories of cognitive development proposed by the Swiss psychologist Jean Piaget, which describe how children's intellectual abilities evolve as they grow.

Guilford's Model

A theory of human intelligence by J.P. Guilford that classifies intelligence into operations, contents, and products.