True or false?
a. the total public debt is more relevant to an economy than the public debt as a percentage of gdp.
b. an internally held public debt is like a debt of the left hand owed to the right hand.
c. the federal reserve and federal government agencies hold more than three-fourths of the public debt.
d. the portion of the u. s. debt held by the public (and not by government entities) was larger as a percentage of gdp in 2009 than it was in 2000.
e. as a percentage of gdp, the total u. s. public debt is the highest such debt among the world's advanced industrial nations.
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