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Refer to the table above. What is the value of the national debt in year 4?

A. $5 Trillion
B. $10 Trillion
C. $15 Trillion
D. $20 Trillion

Answer :

The value of the national debt at year 4 is $20 trillion.

The national debt refers to the accumulated financial obligations that a government owes to various creditors, both domestic and foreign. It represents the total amount of money that a country's government has borrowed over time to finance its expenditures and cover budget deficits. Governments typically borrow by issuing bonds, treasury bills, and other forms of debt instruments. The national debt includes both the outstanding principal amount borrowed and the accrued interest on that debt. It is an essential indicator of a country's fiscal health and its ability to meet its financial obligations. Managing the national debt is a critical aspect of economic policy and often involves balancing the need for borrowing with the goal of maintaining sustainable levels of debt.

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