What will the total government debt equal

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At the beginning 2017, the government of Norway had no debt and held $120 billion dollars. To stimulate its economy during 2018, Norway's government plans to spend $65 billion more than it will collect in tax revenue and in 2019, its spending will exceed tax revenues by $75 billion. What will the total government debt equal at the end of 2019?

Reference no: EM132066131

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