Multiple Choice
Suppose the government's initial debt is $425 billion. If for the next three years the government runs deficits of $150, $125, and $200 billion, the government's total debt at the end of the three years will be
A) -$50 billion.
B) $50 billion.
C) $475 billion.
D) $900 billion.
Correct Answer:
Verified
Correct Answer:
Verified
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