Multiple Choice
The accompanying table gives budget information for a hypothetical economy. Assume that all budget surpluses are used to pay down the public debt. If year 1 is the ?rst year of this nation's existence and
Year 6 is the present year, this nation's public debt is
A) $275 billion.
B) $100 billion.
C) $3,540 billion.
D) $230 billion.
Correct Answer:

Verified
Correct Answer:
Verified
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