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Calculate the public debt for the economy Security         Amount (in Billions) Treasury Bills    $220 Corporate Bonds    140 Treasury Notes     80 Corporate Stock    200 US Savings   Bonds    60 Treasury Bonds   100

Economics May 20, 2021

Calculate the public debt for the economy

Security         Amount (in Billions)

Treasury Bills    $220

Corporate Bonds    140

Treasury Notes     80

Corporate Stock    200

US Savings   Bonds    60

Treasury Bonds   100

Expert Solution

Computation of the public debt:-

Public debt= Treasury Bills + Treasury Notes + US Savings Bonds + Treasury Bonds

= $220 + $80 + $60 + $100

= $460 billion

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