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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 54
Suppose that on October 1, 2030, our national debt were $20 trillion and our deficit for fiscal year 2030 were $1 trillion. If we reduce our deficit by $200 billion in fiscal year 2031, reduce it by another $200 billion in fiscal year 2032, and then reduce it by still another $200 billion in fiscal year 2033, how much would our national debt be on October 1, 2034?
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Macroeconomics 11th Edition by Stephen Slavin
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