The Following Budget Information Is for a Hypothetical Economy

question 141

Multiple Choice

The following budget information is for a hypothetical economy.All data are in billions of dollars. Refer to the above data.If year 1 is the first year of this nation's existence and year 5 is the present year, this nation's public debt is:

• A)$295 billion.
• B)$100 billion.
• C)$3540 billion.
• D)$230 billion.

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Definitions:

Tangerines

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Waste material or unwanted items that are discarded by individuals or communities.

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An allocated amount of money given regularly for a specific purpose, such as to a child by their parents or to an employee for expenses.