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One measurement of National Debt includes U.S. Treasury securities held by households, firms, banks, foreign entities,...

One measurement of National Debt includes U.S. Treasury securities held by households, firms, banks, foreign entities, and Federal Reserve Banks. This measurement does not include U.S. Treasury securities purchased by various federal agencies. This National Debt is known as: Select one: a. Debt-free zone b. Gross Debt c. Debt held by the public d. Debtor's prison

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Answer #1

c. Debt held by the public

(This is debt held by the public as debt is purchased by households, firms, banks, and other public agencies.)

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