To find the increase in debt over the 50-year period, we subtract the initial debt in 1971 from the debt in 2021.
$2.9617 x 10^13 - $3.98 x 10^11 = ($2.9617 - 0.398) x 10^13 = $2.5637 x 10^13
Therefore, the debt increased by $2.5637 x 10^13 in the 50-year period.
The U.S. national debt was $2.9617 x 10^13 in 2021 and $3.98 x 10^11 in 1971. Find how much the debt increased in the 50-year period.
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