A component of the national debt of a country is

Assessment: WAEC SSCE - Economics - 2010 (Objective) Subject: Economics

Question 1 Report

A component of the national debt of a country is

Answer Details
The national debt of a country is the total amount of money that the government owes to its creditors. This includes all forms of government borrowing, such as selling treasury bills, bonds, and other securities. Therefore, the component of the national debt of a country is treasury bills.
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