The Interest Paid on Internally Held Debt

question 209

Multiple Choice

The interest paid on internally held debt:

• A) is a real claim on our goods and services.
• B) is roughly 20% of the federal budget.
• C) is paid out to one group of Americans from the taxes collected from another group of Americans.
• D) is a real burden on the U.S.economy.

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Definitions:

Implicit Memories

Memories that influence our behaviors and thoughts without our conscious awareness, such as skills and conditioned responses.

Automatic Processing

The subconscious and effortless processing of information, which enables people to perform tasks without actively thinking about them.

Encode

The process of converting information into a particular form for efficient storage, processing, or transmission.

Explicit Memory

A type of long-term memory that involves conscious recall of facts and events.