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US government debt is: a. an asset of the US government b. a liability of the Federal Reserve c. a liability of the US government
US government debt is:
a. an asset of the US government
b. a liability of the Federal Reserve
c. a liability of the US government
d. a liability of the nonbank public
e. currently over 200% of US GDP
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Microeconomics
Authors: Roger A. Arnold
12th Edition
1285738306, 978-1285738307
