If One Subtracts the Amount of Bonds Held by Agencies

question 84

Multiple Choice

If one subtracts the amount of bonds held by agencies of the federal government and the Federal Reserve from the national debt, what remains is known as the

• A) external debt.
• B) privately held government debt.
• C) trade deficit.
• D) budget deficit.

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Definitions:

Interpretation

The act or process of explaining the meaning of something; often applies to text, actions, or events.

Secondary Xylem

The part of a plant that transports water and nutrients from the roots to the shoots and leaves and provides support, formed after the primary xylem.

Vascular Cambium

A layer of tissue in plants that produces new vascular tissue, contributing to the plant's secondary growth.

Bark

The outermost covering over woody stems and roots; consists of all plant tissues located outside the vascular cambium.