Which of the following statements is true of public debt?

A. Public debt is also known as fiscal debt.
B. The net public debt includes sums that the government owes to itself.
C. The Department of Commerce sells IOUs on behalf of the U.S. government.
D. The interest on treasuries is paid by federal taxes.
E. The net public debt does not include funds held by the Federal Reserve System.


Answer: D

Political Science

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Current calls to amend the constitution have focused on all of the following EXCEPT a. revising Article 9 (the peace clause)

b. directly electing the prime minister. c. devolving power to subnational governments. d. consolidating the number of subnational units of government. e. giving the power of judicial review to the Japanese Supreme Court.

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The extent of a threat can be assessed by multiplying "risks" with "capabilities."

Indicate whether this statement is true or false.

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Tocqueville noted that Americans are unusually fond of __________

a. running for office b. forming associations c. joining political parties d. lobbying the government

Political Science