To move from gross public debt to net public debt, subtract A) the amount owed to individuals
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Question:
To move from gross public debt to net public debt, subtract
A) the amount owed to individuals and firms outside the United States.
B) all government interagency borrowing
C)the current year's budget deficit from the amount of public debt at the start of the year
D) the interest paid annually on the public debt
Related Book For
Accounting for Governmental and Nonprofit Entities
ISBN: 978-1259917059
18th edition
Authors: Jacqueline L. Reck, James E. Rooks, Suzanne Lowensohn, Daniel Neely
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