Public debt is not a commonly used measure of government debt because it includes debt owed to government entities, which can distort the true level of government indebtedness.

Gross debt includes all types of debt owed by the government, regardless of the maturity, type, or currency of the debt.

Net debt is calculated by subtracting the value of government financial assets from the gross debt.

Prepaid expenses are not considered government financial assets because they do not represent a claim on future cash flows.

External debt is the debt owed by the government to foreign lenders, such as foreign banks, governments, and international financial institutions.

Domestic debt is not a type of external debt because it is owed to domestic lenders, not foreign lenders.

Bilateral debt is debt owed by the government to a foreign government.

Multilateral debt is debt owed by the government to an international financial institution, such as the World Bank or the International Monetary Fund.

Commercial debt is debt owed by the government to a commercial bank.

Inflation does not directly affect the level of government debt, although it can affect the real value of the debt.

High levels of government debt can lead to higher interest rates, lower economic growth, and an increased risk of default, but they do not typically lead to an improved credit rating.

Printing money is not a sustainable strategy for reducing government debt because it can lead to inflation and a decline in the value of the currency.

Debt default is not a type of government debt restructuring because it involves the government failing to make payments on its debt.

Debt-for-equity swap is not a type of government debt buyback because it involves the government exchanging debt for equity in a company.

Debt forgiveness is not a type of government debt rescheduling because it involves the government canceling all or part of the debt.