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The Government Begins Year 1 with $25 Billion of Debt

Question 185

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 1?


A) $240 billion
B) $25 billion
C) $0
D) Not enough information is provided to answer the question.

Correct Answer:

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