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QUESTION
If, in a particular fiscal year, the federal government receives $1,990 billion in revenues and spends $1,865 billion for goods and services, the...
23. If, in a particular fiscal year, the federal government receives $1,990 billion in revenues and spends $1,865 billion for goods and services, the national debt will
a. increase by $1,990 billion.
b. increase by $125 billion.
c. decrease by $125 billion.
d. decrease by $1,865 billion.
