Asked by Imani Burrell on May 09, 2024
Verified
In 2015,the U.S.gross national debt was _____.
A) about $1 million
B) about $1 billion
C) $1 trillion
D) $3 trillion
E) about $18 trillion
Gross National Debt
The total amount of money that a country's government has borrowed, including both the internal and external debt.
U.S. Debt
The total amount of money that the United States federal government owes to creditors, both domestic and international.
- Develop a comprehension of the historical developments in U.S. government financial expenditure, revenue, and debt.
Verified Answer
ME
Madestin Esther HedstromMay 11, 2024
Final Answer :
E
Explanation :
According to the U.S. Treasury Department, the gross national debt in 2015 was approximately $18 trillion.
Learning Objectives
- Develop a comprehension of the historical developments in U.S. government financial expenditure, revenue, and debt.