The Difference Between the Gross Public Debt and the Net

question 121

Multiple Choice

The difference between the gross public debt and the net public debt is

• A) the sum of all previously accumulated government budget deficits and surpluses.
• B) the sum of all previously issued U.S. government securities that have been purchased by foreign residents.
• C) all private-sector borrowing from private sources.
• D) borrowing of government agencies from other government agencies within the nation.

---

Definitions:

Erythrocytes

Red blood cells that carry oxygen from the lungs to the body tissues and carbon dioxide as a waste product, back to the lungs.

Antibodies

Y-shaped proteins produced by the immune system that identify and neutralize foreign objects like bacteria and viruses.

Agglutination

The clumping together of cells or particles, commonly observed in blood reactions.

Hemolysis

The rupture or destruction of red blood cells, leading to the release of hemoglobin into the surrounding fluid.