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Suppose That Prior to 1998 the National Debt of Utopia

Question 39

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Suppose that prior to 1998 the national debt of Utopia was $0. In 1998, the government incurred a deficit of $200 million. In 1999, 2000, and 2001 the government incurred a deficit of $180 million, $140 million, and $130 million, respectively. Currently, what is the national debt of Utopia?


A) $650 million.
B) $450 million.
C) $270 million.
D) $130 million.

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