How much do foreigners collect each year from us treasury

Reference no: EM133295143

Assignment:

According to your textbook, what percent of U.S. debt do foreigners hold? If the interest rate on U.S. Treasury Debt is 3 percent, how much do foreigners collect each year from the U.S. Treasury? (Assume total debt of $13 trillion.)

Can government spending that causes crowding out be detrimental to long-run economic growth? Explain.

Reference no: EM133295143

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