October 21st – Question

What was the amount of household debt in the U.S. in the second quarter this year? 

A. $12.22 trillion
B. $16.15 trillion
C. $21.87 trillion

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Answer: B – According to an August report from the Federal Reserve Bank of New York, outstanding debt in households across the country rose to $16.15 trillion in the second quarter of 2022. 

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