Externally held debt refers to that part of the national debt owned by private individuals,and internally held debt refers to that part owned by government agencies.
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Q121: External financing allows the economy to consume
Q122: A budget surplus can be used to
Q123: Because the government must pay interest on
Q124: Debt servicing refers to the repayment of
Q125: The government finances the deficit by borrowing
Q127: Eventually,external debt must be repaid with the
Q128: The national debt is a stock of
Q129: The opportunity cost of the debt is
Q130: The risk of crowding out is greater
Q131: If the government uses a budget surplus
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