How Much Do Foreigners Own of the U

question 46

Multiple Choice

How much do foreigners own of the U.S. federal debt?

• A) about 60 percent
• B) about 40 percent
• C) about 20 percent
• D) about 10 percent
• E) none

---

Definitions:

Consumer Surplus

The difference between the total amount that consumers are willing and able to pay for a good or service versus the total amount that they actually do pay.

Total Utility

The total satisfaction or benefit obtained from consuming a given quantity of goods or services.

Marginal Utility

The added satisfaction or utility that a consumer derives from consuming an additional unit of a good or service.

Total Utility

This term refers to the total satisfaction received by consuming a certain amount of goods or services.