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A government starts off with a total debt of $4.5 billion. In year one, the government runs a deficit of $600 million. In year two,
A government starts off with a total debt of $4.5 billion. In year one, the government runs a deficit of $600 million. In year two, the government runs a deficit of $1.2 billion. In year three, the government runs a surplus of $500 million. What is the total debt of the government at the end of year three?Show Work
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