A Country Has Been in Existence for Only Two Years

question 211

Multiple Choice

A country has been in existence for only two years. In the first year, tax revenues were $1.0 million and outlays were $1.5 million. In the second year, tax revenues were $1.5 million and outlays were $2.0 million. At the end of the second year, the total government debt was ________.

• A) $0.5 million
• B) $1 million
• C) $2.5 million
• D) $3.5 million

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Definitions:

Ethical Principle

Fundamental guidelines that dictate the behaviors and decisions of individuals or groups, often in professional settings.

Cultural Skillful Practitioner

An individual adept at understanding and navigating different cultural contexts within their professional practice.

Appropriate Intervention

Actions or strategies that are suitably and effectively applied in a specific situation or context, often to address or solve a problem.

Worldview

An individual's or group's comprehensive perspective on the world and life, incorporating beliefs, values, and perceptions.