Suppose the Government's Initial Debt Is $400 Billion

question 67

Multiple Choice

Suppose the government's initial debt is $400 billion. If for the next three years the government runs deficits of $150, $125, and $200 billion, the government's additional debt at the end of the three years will be

• A) -$50 billion.
• B) $50 billion.
• C) $475 billion.
• D) $900 billion.

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Definitions:

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A condition affecting memory, characterized by an inability to form new memories following the onset of the amnesia, while long-term memories from before the onset may remain intact.