The Difference Between Gross Public Debt and Net Public Debt

Multiple Choice

The difference between gross public debt and net public debt is that

A) net public debt includes interagency borrowing while the gross domestic product debt does not.
B) net public debt is expressed in real terms while gross public debt is expressed in nominal terms.
C) gross public debt includes interagency borrowing while net public debt does not.
D) gross public debt is held by individuals while net public debt is held by the government.