One Concern Over External National Debt Is That Interest and Principal

question 33

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) 10 percent.
• B) 20 percent.
• C) 30 percent.
• D) 50 percent.

---

Definitions:

Simple Principles

Basic, fundamental rules or concepts that guide actions, decisions, or procedures.

Confound

A variable other than the one intended to be manipulated by the experimenter that may be responsible for the effect on the dependent variable, making alternative explanations possible.

Clowns

Entertainers who perform comical acts, using makeup and exaggerated expressions to amuse an audience; traditionally associated with circuses, parties, and theatrical performances.

Operational Definition

A specific, concrete method of measuring or manipulating a conceptual variable.