True or false ? If false , explain why.
a. The total public debt is more relevant to an economy than the public debt as a percentage of GDP.
b.An internally held public debt is like a debt of the left hand owed to the right hand.
c.The Federal Reserve and Federal government agencies hold more than three-fourths of the public debt.
d. The portion of the U.S. debt held by the public ( and not by government entities ) was larger as a percentage of GDP in 2009 than it was in 2000.
e. As a percentage of GDP, the total U.S. public debt is the highest such debt among the world's advanced industrial nations.
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