Suppose the Government Owes $3,500 Billion and Then Borrows $300

question 36

Multiple Choice

Suppose the government owes $3,500 billion and then borrows $300 billion more this year.What is the debt and the deficit?  

• A) The debt is $3,800 billion, and the deficit is $3,500 billion. 
• B) The debt is $3,800 billion, and the deficit is $300 billion. 
• C) The debt is $300 billion, and the deficit is $3,800 billion. 
• D) The debt is $300 billion, and the deficit is $3,200 billion.

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Definitions:

Deuterostomes

A group of animals characterized by the development of the mouth from an opening other than the blastopore during embryonic development.

Derived Characteristics

Traits that are present in an organism but were absent in the last common ancestor of the group to which the organism belongs.

Flightless Bird

A bird that has evolved to lose the ability to fly, often due to changes in its habitat or predation pressures.

Pelicans

Large water birds known for their distinctive pouches under their beaks, belonging to the family Pelecanidae.