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Suppose that a country has no public debt in year 1 butexperiences a budget deficit of $ 40$40 billion in year? 2, a budget surplus
Suppose that a country has no public debt in year 1 butexperiences a budget deficit of
$ 40$40
billion in year? 2, a budget surplus of
$ 10$10
billion in year? 3, a budget surplus of
$ 15$15
billion in year? 4, and a budget deficit of
$ 4$4
billion in year 5.
The absolute size of public debt at the end of year 5 is
?$nothing
billion. ?(Enter your response as a whole? number.)
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