Question: Among the challenges facing central banks around the world is the elevated level of public debt. Plot U.S. federal debt held by the public as

Among the challenges facing central banks around the world is the elevated level of public debt. Plot U.S. federal debt held by the public as a percent of gross domestic product (FRED code: FYPUGDA188S) and discuss the problems that government debt could pose for the Federal Reserve in the future.

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