Suppose that U.S. debt is $7 trillion at the beginning of the fiscal year. During the fiscal year, its purchases of goods and services and its transfers are $2 trillion, and tax revenues are $1.5 trillion. At the end of the fiscal year, the debt is:
A)$10.5 trillion.
B)$6.5 trillion.
C)$9 trillion.
D)$7.5 trillion.

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The Answer of Suppose that U.S. debt is $7 trillion at the beginning of the fiscal year. During the fiscal year, its purchases of goods and services and its transfers are $2 trillion, and tax revenues are $1.5 trillion. At the end of the fiscal year, the debt is:
A)$10.5 trillion.
B)$6.5 trillion.
C)$9 trillion.
D)$7.5 trillion.

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