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Public Debt and Sovereign Ratings: Concepts and Significance

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Multiple Choice

What is Public Debt?

  1. The total amount of money owed by a government to its creditors.
  2. The total amount of money owed by a government to its citizens.
  3. The total amount of money owed by a government to foreign countries.
  4. The total amount of money owed by a government to its banks.
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