Multiple Choice
Suppose that at the end of 2019, the government has a national debt of $150 billion, has collected tax revenue of $50 billion, and has spent $75 billion. The national debt at the beginning of 2020 is
A) $25 billion.
B) $125 billion.
C) $175 billion.
D) $275 billion.
Correct Answer:
Verified
Correct Answer:
Verified
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