A country has only been in existence for two yearsin the, Ask an Expert

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A country has only been in existence for two years.

In the first year, receipts were $1.5 million and outlays were $2.0 million.

In the second year receipts were $2 million and outlays were $2.5 million

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

1. $0.5 million

2. -$0.5 million

3. $1.0 million

4. -$1.0 million

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M92195277

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