Government Spending Tax Revenues GDP Year 1 $450 $425 $2, 000 Year 2 500 450 3,900 Year 3 600 500 4,006 Year 4 620 5,000 Year 5 680 580 4, 800 Year 6 600 620 5,000 The accompanying table gives budget Information for a hypothetical economy. Assume that all budget surpluses are used to pay down the public debt. The public debt declined in yea Multiple Choice O 6. O 5. O 4 . O 3