Gross public debt is the amount of funds thatA. U.S. residents owe to foreign residents.B. the federal government owes to all holders of U.S. securities.C. the federal government owes to taxpayers.D. states owe to the federal government.
B. the federal government owes to all holders of U.S. securities
Explanation:
The federal government is responsible to pay the holders of its securities. The federal government can be said to be in debt with the holders of the securities.
