Business
Business, 09.10.2019 01:00, PinkDivaGirl02

Public debt is the sum of deficits and surpluses (negative deficits) over time. suppose that a country has no public debt in year 1 but experiences a budget deficit of $40 billion in year 1, a budget deficit of $20 billion in year 2, a budget surplus of $10 billion in year 3, and a budget deficit of $2 billion in year. what is the absolute size of its public debt in year 4?

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Public debt is the sum of deficits and surpluses (negative deficits) over time. suppose that a count...

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