Homework Help: Economics

Posted by Sarah on Saturday, May 5, 2007 at 5:06pm.

Questions:
1. What is the size of the budget deficit?
2.What is the current national debt?

My answers:
I believe that the size of the budget deficit is $83 Billion.

I think that the current national debt is
in millions of dollars 9,007,765.

Are my answers correct?

Your budget deficit is correct, but this government web site says that the national debt now is almost $9 billion (not $9 million).

http://www.treasurydirect.gov/NP/NPGateway

Sara is correct; she expressed her answer in millions -- which translates to $9 Trillion (with a T)

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