One Concern Over External National Debt Is That Interest and Principal

question 42

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) 15 percent.
• B) 20 percent.
• C) 40 percent.
• D) 30 percent.
• E) 50 percent.

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