Question

As of late 2019 (before the COVID-19 pandemic) the single-largest owner of the national debt was:...

As of late 2019 (before the COVID-19 pandemic) the single-largest owner of the national debt was:

a.

the Federal Reserve
b.

China
c.

the Social Security Trust Fund
d.

Japan
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Answer #1

The largest holder of National Debt is Japan for many years which leaves behind China where the Japanese national debt is around $9.2 trillion where the the Federal Reserve date is around $5 trillion and social security trust fund debt is around $5-6 trillion and Chinese National Debt is around $5.2 trillion

Therefore in this regard, it can be mentioned that

(D) Japan is the answer to this question

Because the national debt is less for all the other options when compared to Japan

(a,b,c) are wrong

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