Question

If the public debt of the United States in 2004 was $7,379,052,696,330.32 and the budget deficit in 2005 was $553,656,965,393.18, what was the public debt in 2005?

Answer 1

Since there is a shortage in the budget in 2005 by 553,656,965,393.18, the total debt that of the United States in 2005 will be the public debt by 2004 added with this deficit in the budget. Having said that, the public debt by 2004 should be equal to,
$ 7.9327 x 10^12