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Let's say that in year 1 our government spending is $300 and our revenue is $200. In year 2 our government spending is $450 and
Let's say that in year 1 our government spending is $300 and our revenue is $200. In year 2 our government spending is $450 and our revenue is $500. In year 3 our government spending is $550 and our revenue is $550. Assuming no other deficits and surpluses, what is our government's national debt/surplus?
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