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

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The Answer of 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) $3.5 million
B) $0.5 million
C) $2.5 million
D) $1 million

A Country Has Been in Existence for Only Two Years