Question

Of the following, which is true about the federal debt

Debt is sold in the form of treasury bonds

The debt has been increasing over time.

Interest on the debt is uncontrollable

All of above

Answer 1

All of above

Step-by-step explanation:

I TOOK THE TEST

Answer 2

B. The debt has been increasing over time.

Step-by-step explanation:

Federal debt is the national debt of the US government. It is a measure taken by the government to keep a track of how much the government owes its creditors. But as the government continues to spend more than it takes, the debt keeps increasing. These days people are keeping a close track of what is happening to this debt. A close monitoring of the same is understandable as the debt is explained to public in a vague manner. And people fail to analyse how the national debt affects their daily lives.