Question: Suppose the public debt of the United States consisted of the following types of security issues (all figures in billions of dollars):
Treasury bills $750
Savings bonds and notes 180
Government account series 1,500
Federal Government currency 6
Treasury bonds 600
Special note issued to foreign investors 45
Treasury notes 2,200
Special Bonds and Notes sold to states 165
and local governments
Calculate the following: total marketable debt, total nonmarketable debt, total interest-bearing debt, and gross public debt.
- total marketable debt:
- total nonmarketable debt:
- total interest-bearing debt:
- gross public debt: