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The Government Begins Year 1 with $25 Billion of Debt

Question 75

Multiple Choice

The government begins year 1 with $25 billion of debt. Based on the information in the above table, what is the amount of debt following year 4?


A) -$20 billion (The government has net saving rather than debt.)
B) $35 billion
C) $5 billion
D) $320 billion

Correct Answer:

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