Debt which depict historical accumulated record of federal government expenditures is classified as?

Question

Debt which depict historical accumulated record of federal government expenditures is classified as?

national debt
international debt
global debt
contraction debt

LohaHridoy

7 views

2025-01-04 04:42

1 Answers

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AhmedNazir · Accepted Answer · 2022-09-01T13:21:41+06:00

Answer: Option 1

Debt which depict historical accumulated record of federal government expenditures is classified as national debt. The national debt is the public and intragovernmental debt owed by the federal government. It's also called sovereign debt, country debt, or government debt. It consists of two types of debt. The first is debt held by the public.