206k views
1 vote
What is the one major category that separates national debt from public debt?

a) debt held by foreigners


b) debt held by U.S. citizens


c) debt held by U.S. banks


d) debt held by other government agencies

1 Answer

7 votes
D. Debt held by other government agencies

National debt and public debt are same but public debt includes debt held by individuals, local or state governements, federal reserve banks and other entities.
User Moritz
by
4.9k points