Most of the U.S. national debt is owed to
a. insurance companies.
b. foreign and international institutions.
c. private investors.
d. Federal Reserve banks and government agencies.
d. Federal Reserve banks and government agencies.
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Unemployment that naturally occurs during the normal workings of an economy as people change jobs and move across the country is called
A) frictional unemployment. B) natural unemployment. C) cyclical unemployment. D) structural unemployment.
A monopolist's demand curve is the same as the marginal revenue curve for the product
Indicate whether the statement is true or false
What do many economists see finance companies as having an advantage in?
A) purchasing commercial paper B) selling long-term securities C) monitoring the value of collateral D) charging consumers particularly low interest rates
Relative to the U.K., Japan, Germany, and France, life expectancy in the U.S. is
A. higher by more than ten years. B. higher by one to five years. C. lower by one to five years. D. lower by more than ten years.