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The public debt is:________.
a. the total value of all outstanding federal government securities.
b. an excess of government spending over government revenues during a given time period.
c. all federal government debt irrespective of who owns it.
d. a situation in which the government's spending is exactly equal to the total taxes and other revenues it collects during a given time period.

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micahdavid126

Answer:

c. all federal government debt irrespective of who owns it

Explanation:

Public Debt is a bonds or loans assumed by the government, where it agrees to make interest and principal payments on certain dates.

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