It Is Important to Distinguish Between the Privately Held Portion

question 68

Multiple Choice

It is important to distinguish between the privately held portion of the national debt and the portion held by government agencies and the Federal Reserve system because

• A) the government will not have to repay the privately held debt.
• B) only the privately held debt creates a net interest liability for the federal government.
• C) the privately held debt does not create a net interest liability for the federal government.
• D) taxes will have to be raised in order to pay the interest on the debt held by the Federal Reserve system.

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Definitions:

Feature Detector

Neurons in the brain that are responsible for detecting specific features of the environment, such as lines, edges, or movement.

Visual System

The part of the central nervous system which enables organisms to process visual detail, as well as enabling several photo response functions.

Neuron

A specialized cell transmitting nerve impulses; a nerve cell, which is the basic building block of the nervous system.

Feature Detector

A type of neuron in the brain that responds to specific attributes of a stimulus, such as angles or edges in vision.