Homework Answers
Ans: $13415
Explanation:
Federal debt refers to the accumulation of the Federal government's annual budget deficits.
So Quarterville's debt at the end of 2008 ;
= Total federal debt in the year 2006 + Total deficit in the year 2007 + Total deficit in the year 2008
= $8000 + $3085 + $2330
= $13415
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