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Answer :
Final answer:
The U.S. national debt is greater than $20 trillion. It was a little more than $28 trillion as of 2021, and it has been growing annually under different political administrations. Therefore, 1) 20 trillion is correct option.
Explanation:
Currently, the U.S. national debt is a topic of significant discussion and concern. As of the fiscal year 2021, the U.S. national debt was reported to be a little more than $28 trillion. This figure is indeed much greater than $20 trillion, making the correct answer to the student's question option 1) 20 trillion.
It's important to note that the national debt has been increasing over time and has grown every year, regardless of the political party in administration. Comparing past figures, such as those from 2015 when the national debt stood at around $18 trillion, shows a marked increase to today's levels. The national debt relative to GDP has fluctuated historically, with it being much smaller today than it was during World War II, but it has been rising in recent years.
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