Debt which depict historical accumulated record of federal government expenditures is classified as
A. national debt
B. international debt
C. global debt
D. contraction debt
Answer: Option A
Solution (By Examveda Team)
Debt which depict historical accumulated record of federal government expenditures is classified as national debt. The national debt is the public and intragovernmental debt owed by the federal government. It's also called sovereign debt, country debt, or government debt. It consists of two types of debt. The first is debt held by the public.This Question Belongs to Management >> International Finance And Treasury
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