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

question 16

Multiple Choice

If the government owes $3,500 billion and then borrows $300 billion more this year,

• A)the debt is $300 billion and the deficit is $3.8 trillion
• B)the debt is $3,800 billion and the deficit is $300 billion
• C)the debt is $4,100 billion
• D)the deficit is $3,800 billion
• E)both the debt and the deficit are $3.8 trillion

---

Definitions:

Falling Death Rates

The decline in the number of deaths per unit of population over a period of time, often indicating improvements in health and living conditions.

Total Fertility Rate

The average number of children a woman would have over her lifetime, given current birth rates.

Population Constant

A hypothetical situation where the population size remains unchanged over a period of time.

Living Standard

The level of wealth, comfort, material goods, and necessities available to a person, community, or country.