(a) What percentage of U.S. debt do foreigners hold? (See Figure 12.4.) (b) If the interest rate...
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(a) What percentage of U.S. debt do foreigners hold? (See Figure 12.4.)
(b) If the interest rate on U.S. Treasury debt is 4 percent, how much interest do foreigners collect each year from the U.S. Treasury? (Assume a total debt of $18 trillion.)
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a 33 percent b 2376 billion Feedback a According to Figure 124 for...View the full answer
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Related Book For
The Macro Economy Today
ISBN: 978-1259291821
14th edition
Authors: Bradley R. Schiller, Karen Gebhardt
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