Internal Ownership of the National Debt Occurs When U

question 93

Multiple Choice

Internal ownership of the national debt occurs when U.S.Treasury bonds are purchased by all of the following except

• A)Foreign countries that we trade with.
• B)The Social Security Administration.
• C)The Federal Reserve System.
• D)Individual U.S.citizens.

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Definitions:

Religious Conversion

The act of adopting a new religious belief that differs from the convert's previous belief system, sometimes involving a personal transformation and change in identity.

Slave From Bondage

A term indicating the liberation of individuals from conditions of slavery or involuntary servitude.

Virginia Slave Code

A set of laws established in the 17th century in Virginia to regulate the interactions between slaves and citizens, legitimizing the institution of slavery.

White Supremacy

A racist ideology based on the belief that white people are superior to those of all other races and should therefore dominate society.