Which of the following correctly describes the national debt?
a. The excess of annual federal expenditures over annual federal tax revenues.
b. Annual federal expenditures less annual federal tax revenues plus foreign U.S. bonds purchases.
c. The total amount of money owed by the federal government.
d. None of the above.
Question 2
Which of the following is the correct name of the free-trade agreement between Mexico, the U.S., and Canada?
a. The American Free Trade Agreement (AFTA).
b. The North American Free Trade Agreement (NAFTA).
c. The Pacific Free Trade Agreement (PFTA).
d. The Trans-American Free Trade Agreement (TAFA).
Gary Alvis, The Painted Hills, John Day Fossil Beds National Monument, Oregon.
Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its ...