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true or false? if the statement is false explain why? an internally held public debt is...

true or false? if the statement is false explain why? an internally held public debt is like a debt if the left hand owe to the right hand. the federal reserve and federal government agencies hold more than half of the public debt. as a percentage of gdp, the federal debt held by the public was smaller in 2015 than it was in 2000. as a percentage of gdp, the total u.s. public debt is the highest such debt among the world's advanced industrial nations.

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Answer #1
  1. an internally held public debt is like a debt if the left hand owe to the right hand - TRUE
  2. the federal reserve and federal government agencies hold more than half of the public debt - FALSE (The public holds around 77% of the national debt)
  3. as a percentage of gdp, the federal debt held by the public was smaller in 2015 than it was in 2000 - FALSE( The % was almost 75% in 2015 while it was 30% in 2000)
  4. as a percentage of gdp, the total u.s. public debt is the highest such debt among the world's advanced industrial nations - FALSE (Japan has the highest debt to GDP percentage)
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