When the Government Runs a Budget Surplus, It Uses the Funds

question 21

Multiple Choice

When the government runs a budget surplus, it uses the funds to:

• A)issue bonds.
• B)pay down outstanding debt.
• C)decrease transfer payments.
• D)decrease public saving.

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Definitions:

Personal Selling Process

A direct face-to-face marketing approach where salespeople use personal interaction to persuade potential buyers to purchase a product or service.

Preapproach Stage

The phase in the sales process where a salesperson researches and prepares strategies for engaging potential customers before direct contact occurs.

International Selling

The practice of selling products or services beyond one's own country.

Customs

Established and traditional practices of a particular society, culture, or organization.