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Answer the following question (8 points each):

The Federal government is [tex]$35 trillion in debt. Last year, the Federal deficit was $[/tex]1.7 trillion.

1. What does it mean when we say the Federal government is running a deficit?
2. How would you try to address this problem?

Sagot :

GinnyAnsweridn

Final answer:

To find the total debt at the end of year three, adjust the deficits and surplus from the initial debt.


Explanation:

The total debt of the government at the end of year three can be calculated by adjusting the deficits and surpluses from the initial debt. We start with a total debt of [tex]$3.5 billion, add the deficits, and subtract the surplus at the end of year three. Therefore, the total debt of the government at the end of year three is $[/tex]3.5 billion + [tex]$400 million + $[/tex]1 billion - [tex]$200 million = $[/tex]4.7 billion.


Learn more about Government debt calculations here:

https://brainly.com/question/36510881


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