The sum of all past federal deficits minus any surpluses is called the

A) transfer balance.
B) national deficit.
C) national debt.
D) national budget.

Ans: C) national debt.

Economics

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Equity of U.S. companies can be purchased by

A) U.S. citizens only. B) foreign citizens only. C) U.S. citizens and foreign citizens. D) U.S. mutual funds only.

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Firms that are required to participate in affirmative action programs do end up hiring more minority employees

a. True b. False

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