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If the Government Owes $15

Question 84

Multiple Choice

If the government owes $15.0 trillion and then borrows $900 billion more this year, this leads to


A) a debt of $900 billion and a deficit of $15.9 trillion.
B) a debt of $15.9 trillion and a deficit of $900 billion.
C) a debt of $14.1 trillion and a deficit of $900 billion.
D) a debt of $15.0 trillion and a deficit of $14.1 trillion.
E) a debt of $15.9 trillion and a deficit of zero.

Correct Answer:

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