A country has been in existence for only two years.

In the first year, revenues were $1.0 million and outlays were $1.5 million.

In the second year, revenues were $1.5 million and outlays were $2.0 million.

At the end of the second year, the government had issued debt worth ______.

Question content area bottom

Part 1

A.

$0.5 million

B.

$1

million

C.

$0.5

million

D.

$1 million