Asked by Riski Prasetyo Putro on Jul 20, 2024

verifed

Verified

The national debt is now about

A) $700 million.
B) $9 trillion.
C) $900 billion.
D) $12 trillion.
E) $90 trillion.

National Debt

The cumulative sum of funds borrowed by a nation's government.

  • Comprehend the link between the federal budget's deficits or surpluses and the overall national debt.
verifed

Verified Answer

SC
Sivakumar ChellapanJul 24, 2024
Final Answer :
D
Explanation :
The national debt is currently hovering around $12 trillion. This number refers to the total outstanding debt owed by the U.S. government, which has been accumulating since the country's founding. While there are many factors that contribute to the national debt, it is generally seen as a problem because it can have an impact on the country's economy, credit rating, and ability to fund important programs and services.