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Publicly held debt is the portion of the national debt that is held outside the federal government and the Federal Reserve System. In June 2007, the publicly held debt as a percentage of total national debt was In June 2007, the percentage of the U.S. national debt held by foreigners was The fraction of the national debt held by foreigners will eventually need to be repaid to foreigners, thereby reducing the collective purchasing power of Americans. Between 2007 and 2011, the fraction of the national debt held by foreigners The absolute level of the debt does not necessarily provide a clear indication of a nation's debt burden. Thus, economists often look at relative measures of the national debt. One possible relative measure of the national debt is the federal debt held by the public (outside the federal government and the Federal Reserve) as a percentage of GDP. In 2007, publicly held debt was held debt as a percentage of GDP of GDP. Between 2007 and 2011, publicly 6. The public debt - Ownership The following table contains approximate figures for gross domestic product (GDP) and the national debt in the United States for June 2007 and June 2011. The national debt represents the total amount of money owed by the federal government to holders of U.S. securities. All numbers are in trillions of dollars. Total National GDP (Trillions of Dollars) Debt (Trillions of Dollars) Debt Held by Debt Held Outside Fed. Govt. and Fed. Reserve Federal Government Foreign Ownership U.S. Ownership and Federal (Trillions of Reserve (Trillions of Dollars) (Trillions of Dollars) June 2007 13.7 June 2011 15.2 Source: "U.S. Treasury, Bureau of Economic Analysis." Dollars) 8.9 4.7 2.2 2.0 14.3 4.6 4.5 5.2

Publicly held debt is the portion of the national debt that is held outside the federal government and the Federal Reserve System. In June 2007, the publicly held debt as a percentage of total national debt was In June 2007, the percentage of the U.S. national debt held by foreigners was The fraction of the national debt held by foreigners will eventually need to be repaid to foreigners, thereby reducing the collective purchasing power of Americans. Between 2007 and 2011, the fraction of the national debt held by foreigners The absolute level of the debt does not necessarily provide a clear indication of a nation's debt burden. Thus, economists often look at relative measures of the national debt. One possible relative measure of the national debt is the federal debt held by the public (outside the federal government and the Federal Reserve) as a percentage of GDP. In 2007, publicly held debt was held debt as a percentage of GDP of GDP. Between 2007 and 2011, publicly 6. The public debt - Ownership The following table contains approximate figures for gross domestic product (GDP) and the national debt in the United States for June 2007 and June 2011. The national debt represents the total amount of money owed by the federal government to holders of U.S. securities. All numbers are in trillions of dollars. Total National GDP (Trillions of Dollars) Debt (Trillions of Dollars) Debt Held by Debt Held Outside Fed. Govt. and Fed. Reserve Federal Government Foreign Ownership U.S. Ownership and Federal (Trillions of Reserve (Trillions of Dollars) (Trillions of Dollars) June 2007 13.7 June 2011 15.2 Source: "U.S. Treasury, Bureau of Economic Analysis." Dollars) 8.9 4.7 2.2 2.0 14.3 4.6 4.5 5.2

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Publicly held debt is the portion of the national debt that is held outside the federal government and the Federal Reserve System. In June 2007, the publicly held debt as a percentage of total national debt was In June 2007, the percentage of the U.S. national debt held by foreigners was The fraction of the national debt held by foreigners will eventually need to be repaid to foreigners, thereby reducing the collective purchasing power of Americans. Between 2007 and 2011, the fraction of the national debt held by foreigners The absolute level of the debt does not necessarily provide a clear indication of a nation's debt burden. Thus, economists often look at relative measures of the national debt. One possible relative measure of the national debt is the federal debt held by the public (outside the federal government and the Federal Reserve) as a percentage of GDP. In 2007, publicly held debt was held debt as a percentage of GDP of GDP. Between 2007 and 2011, publicly
Transcribed Image Text:Publicly held debt is the portion of the national debt that is held outside the federal government and the Federal Reserve System. In June 2007, the publicly held debt as a percentage of total national debt was In June 2007, the percentage of the U.S. national debt held by foreigners was The fraction of the national debt held by foreigners will eventually need to be repaid to foreigners, thereby reducing the collective purchasing power of Americans. Between 2007 and 2011, the fraction of the national debt held by foreigners The absolute level of the debt does not necessarily provide a clear indication of a nation's debt burden. Thus, economists often look at relative measures of the national debt. One possible relative measure of the national debt is the federal debt held by the public (outside the federal government and the Federal Reserve) as a percentage of GDP. In 2007, publicly held debt was held debt as a percentage of GDP of GDP. Between 2007 and 2011, publicly
6. The public debt - Ownership The following table contains approximate figures for gross domestic product (GDP) and the national debt in the United States for June 2007 and June 2011. The national debt represents the total amount of money owed by the federal government to holders of U.S. securities. All numbers are in trillions of dollars. Total National GDP (Trillions of Dollars) Debt (Trillions of Dollars) Debt Held by Debt Held Outside Fed. Govt. and Fed. Reserve Federal Government Foreign Ownership U.S. Ownership and Federal (Trillions of Reserve (Trillions of Dollars) (Trillions of Dollars) June 2007 13.7 June 2011 15.2 Source: "U.S. Treasury, Bureau of Economic Analysis." Dollars) 8.9 4.7 2.2 2.0 14.3 4.6 4.5 5.2
Transcribed Image Text:6. The public debt - Ownership The following table contains approximate figures for gross domestic product (GDP) and the national debt in the United States for June 2007 and June 2011. The national debt represents the total amount of money owed by the federal government to holders of U.S. securities. All numbers are in trillions of dollars. Total National GDP (Trillions of Dollars) Debt (Trillions of Dollars) Debt Held by Debt Held Outside Fed. Govt. and Fed. Reserve Federal Government Foreign Ownership U.S. Ownership and Federal (Trillions of Reserve (Trillions of Dollars) (Trillions of Dollars) June 2007 13.7 June 2011 15.2 Source: "U.S. Treasury, Bureau of Economic Analysis." Dollars) 8.9 4.7 2.2 2.0 14.3 4.6 4.5 5.2
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