The total amount owed by the federal government to the public is known as the O A) federal budget deficit. B) federal debt. C) federal default

Brief Principles of Macroeconomics (MindTap Course List)
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ISBN:9781337091985
Author:N. Gregory Mankiw
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Chapter18: Six Debates Over Macroeconomic Policy
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The total amount owed by the federal government to the public is
known as the
A) federal budget deficit.
B) federal debt.
O C) federal default
O
Transcribed Image Text:The total amount owed by the federal government to the public is known as the A) federal budget deficit. B) federal debt. O C) federal default O
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