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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Definitions:

Volume

Volume refers to the amount of space that a substance or object occupies, or that is enclosed within a container, usually quantified in cubic units.

Mass

A quantification of the volume of matter present in an object, often stated in terms of kilograms or grams.

Density

The mass per unit volume of a substance, often measured in grams per cubic centimeter or kilograms per cubic meter.

Volume

The volume of a material or item is determined by the space it fills or is contained within a vessel.