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30-04-2024
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The government spends one million dollars more than it takes in in taxes for each of three years. Which of the following is true?
a.The debt is one million dollars and the deficit is 3 million dollars plus any interest owed.
b.Both the deficit and the debt are three million plus any interest owed.
c.Both the deficit and the debt are one million dollars a year.
d.The deficit is one million dollars and the debt is 3 million dollars plus any interest owed.

Answer :

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