The total amount owed by the federal government to the public is known as the O A) federal budget deficit. B) federal debt. C) federal default
The total amount owed by the federal government to the public is known as the O A) federal budget deficit. B) federal debt. C) federal default
Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter18: Six Debates Over Macroeconomic Policy
Section: Chapter Questions
Problem 6QR
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![The total amount owed by the federal government to the public is
known as the
A) federal budget deficit.
B) federal debt.
O C) federal default
O](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc95f9c79-eacb-4b5e-b821-d270a5f2e910%2Fdcc4305e-214f-4454-83e6-b72e6cc3843d%2Fvulwk2h_processed.png&w=3840&q=75)
Transcribed Image Text:The total amount owed by the federal government to the public is
known as the
A) federal budget deficit.
B) federal debt.
O C) federal default
O
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