If the public debt of the United States in 2002 was $6,228,235,965,597.16 and the budget deficit in 2003 was $554,995,097,146.46, what was the public debt in 2003?

A. $11,778,186,937,061.76
B. $5,673,240,868,450.70
C. $5,549,950,971,464.60
D. $6,783,231,062,743.62

Respuesta :

the answer is D
i am taking the test as well

Based on the public debt in 2002 and the budget deficit incurred in 2003, the public debt in 2003 was D. $6,783,231,062,743.62.

The budget deficit refers to the amount that the government had to borrow in order to fund the budget of the country.

To find the public debt in 2003 therefore, you need to add the debt of the previous year to the deficit of the current year.

= 2002 Public debt + Budget deficit

= 6,228,235,965,597.16 + 554,995,097,146.46

= $6,783,231,062,743.62

In conclusion, the public debt in 2003 was $6,783,231,062,743.62.

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