The Largest Single Holder of the U

question 5

Multiple Choice

The largest single holder of the U.S.national debt after the U.S.government is

• A)The foreign sector.
• B)The private sector.
• C)U.S.businesses.
• D)None of the choices are correct.

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Definitions:

Rhode Island

The smallest U.S. state by area, located in the New England region.

Inferior Good

A type of good for which demand decreases as the income of consumers increases, opposite of normal goods.

Income Increases

Situations where individuals or households experience a rise in earnings, affecting their purchasing power and consumption choices.

Demand Curve

A graphical representation that shows the relationship between the quantity of a good or service consumers are willing and able to purchase and its price.