Public Debt: Absolute and Relative sizes of the public debt

1)How do economists distinguish between the absolute and relative sizes of the public debt? Why is the distinction important?
2)How does an internally held public debt differ from an externally held public debt?

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The answer clearly explains the distinction between Absolute and Relative sizes of the public debt

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Leela Krishna Velamakanni, MTech

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Active since 2006

BTech, JNT University Hyderabad

MTech, National Institute of Technology

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