Moderate

The total amount by the federal govt. of the owner of the govt. securities is called___________________?

Correct answer: A. Public debt

  • A. Public debt
  • B. Public finance
  • C. Public good
  • D. None

Explanation

Public debt is the total amount the government owes to holders of government securities and other creditors. Public finance is the broader study of government revenue, expenditure and borrowing.

Last updated

Practise Agricultural Economics and Extension

190 free Agricultural Economics and Extension MCQs from Agriculture, each with the correct answer and an explanation. Unlimited attempts, no account needed.

Exams that ask Agriculture questions like this

Agriculture is on this paper prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for it.

Related questions