Question

KNOWLEDGE CHECK At the end of January 2019, the total actively traded U.S. debt is $16T. According to the table, approximately what percent of U.S. debt does China own at this time? 18.4% 17% Click to open/close chart

Answer 1

The total actively traded US debt at the end of January 2019 is $16 trillion. The total amount of US debt does Country C own is $1126.6 billion. Percentage of US debt that Country C own currently is: -*100 1,126,600,000,000 Country C's share= 16,000,000,000,000 = 0.0704125x100 = 7.04% -7% Hence, option C is correct.