According to your textbook, what percent of U.S. debt do foreigners hold? If the interest rate on U.S. Treasury Debt is 3 percent, how much do foreigners collect each year from the U.S. Treasury? (Assume total debt of $13 trillion.)     33% if what it states in my textbook - percent of U.S. debt do foreigners hold

Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter15: Macroeconomic Policy, Economic Stability, And The Federal Debt
Section: Chapter Questions
Problem 9CQ
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According to your textbook, what percent of U.S. debt do foreigners hold? If the interest rate on U.S. Treasury Debt is 3 percent, how much do foreigners collect each year from the U.S. Treasury? (Assume total debt of $13 trillion.)

 

 

33% if what it states in my textbook - percent of U.S. debt do foreigners hold

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