When the U.S.Treasury issues new bonds to replace bonds that have matured,it is engaging in
A)Debt refinancing.
B)Debt servicing.
C)Income transfers.
D)Discretionary fiscal spending.

Name: When the U.S.Treasury issues new bonds to replace bonds that have matured,it is engaging in A)Debt refinancing. B)Debt servicing. C)Income transfers. D)Discretionary fiscal spending.
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Question

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Debt refinancing involves issuing new debt to replace existing debt, often to take advantage of better interest rates or terms.