Instructions In the Supplemental Information module in Canvas, locate the Executive Summary to the 2022 Financial Report of the U.S. Government. Use the document to answer the following questions.

Questions

1. Most of the Government Assets reported on 9/30/22 consist of what?

2. The Government reported to have approximately $39.0 trillion in total liabilities as of September 30, 2022. What do these liabilities mostly comprise of (list the top two)?

3. What is Net Position and what was its balance on 9/30/22?

4. Why did interest costs related to the federal debt securities increase in 2022?

5. What was the conclusion on the governments debt-to-GDP ratio over the next 75 years?

6. What most surprised you, if anything, related to the financial statements?