Suppose the public debt of the United States consisted of the following types of security issues (all figures in billions of dollars):
Treasury bills $750
Savings bonds and notes 180
Government account series 1,500
Federal Government currency 6
Treasury bonds 600
Special note issued to foreign investors 45
Treasury notes 2,200
Special Bonds and Notes sold to states and local governments 165
Calculate the following: total marketable debt, total nonmarketable debt, total interest-bearing debt, and gross public debt.
- Total marketable debt
- Total nonmarketable debt
- Total interest-bearing debt
- Gross public debt