Which statement accurately compares public debt to intragovernmental debt?(1 point)

Responses

Public debt is all debt held by consumers and businesses while intragovernmental debt is securities issued by the Treasury to investors.
Public debt is all debt held by consumers and businesses while intragovernmental debt is securities issued by the Treasury to investors.

Public debt is securities issued by the Treasury to investors while intragovernmental debt are loans within the federal government from the excess funds of other agencies.
Public debt is securities issued by the Treasury to investors while intragovernmental debt are loans within the federal government from the excess funds of other agencies.

Public debt is all debt held by consumers and businesses while intragovernmental debt is lending within the federal government from the excess funds of other agencies.
Public debt is all debt held by consumers and businesses while intragovernmental debt is lending within the federal government from the excess funds of other agencies.

Public debt is lending within the federal government from other agencies while intragovernmental debt is debt incurred from government deficits.

1 answer

The statement that accurately compares public debt to intragovernmental debt is:

Public debt is securities issued by the Treasury to investors while intragovernmental debt are loans within the federal government from the excess funds of other agencies.

This statement correctly distinguishes public debt (debt held by the general public, including investors) from intragovernmental debt (debt held by federal government accounts, such as the Social Security Trust Fund).