The Difference Between the Gross Public Debt and the Net

question 109

Multiple Choice

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

• A) gross public debt includes entitlements while the net public debt does not.
• B) gross public debt is based on budget deficit while the net public debt is not based on budget deficits.
• C) gross public debt includes government interagency borrowing while the net public debt does not.
• D) the gross public debt is expressed as a percentage of GDP while the net public debt is not.

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Definitions:

Six Degrees

The idea that all people are six, or fewer, social connections away from each other, also known as "six degrees of separation."

Secondary Network

A supplementary or backup network providing additional pathways for communication or data transfer in case the primary network fails.

Secondary Contacts

Individuals or entities that are not directly involved in an interaction or transaction but may indirectly influence or be affected by it.

Interpersonal Relationship

A strong, deep, or close association or acquaintance between two or more people that may vary in duration and in the level of intimacy and mutual commitment.