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

Responses

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

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 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.

1 answer

The correct 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 correctly distinguishes public debt, which is held by the public and includes bonds sold to investors, from intragovernmental debt, which consists of the money that one part of the government owes to other parts.