Answered

In 1790 the amount of debt owed by state governments was



a) greater than the amount owed by the federal government



b) about half the total amount of debt owed by the United States



c) about 1/3 the Total amount of debt owed by the United States

Answer :

Answer:

c) about 1/3 the Total amount of debt owed by the United States

Explanation:

chilljain33

In 1790, the amount of debt owed by the state governments was about one-third of the total debt owed by the United States.

What is a debt?

Any amount, which is taken as a loan or advance for a particular period, upon which interest may be chargeable as per the contents of the contract, and such amount is yet to be paid is known as a debt.

Hence, option C holds true regarding the debt.

Learn more about debt here:

https://brainly.com/question/17286021

#SPJ2

Other Questions