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Question 22
If the government of a country owes \$3,500 billion to the International Monetary Fund and then borrows \$300 billion more this year, it implies that the:
a. national debt is \$3,800 billion and fiscal deficit is \$300 billion.
b. national debt and fiscal deficit both equal \$3.8 trillion.
c. national debt is \$4,100 billion.
d. fiscal deficit is \$3,800 billion.
e. national debt is \$300 billion and fiscal deficit is \$3.8 trillion.
4 Moving to the next question prevents changes to this answer.