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The term "public debt" refers to:

AMoney that individuals owe to financial institutions.

BThe total amount of money held by a country's central bank.

CProfits earned by private corporations from international trade.

DMoney that a government owes to its lenders

Answer:

D. Money that a government owes to its lenders

Read Explanation:

  • Public debt is the total amount of money, including interest, that the government has borrowed from internal and external sources.


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