Until the 1980s, Most of the National Debt Was

question 148

Multiple Choice

Until the 1980s, most of the national debt was

• A)owned by foreigners.
• B)acquired either during wars, especially World War II, or during recessions.
• C)owned by banks.
• D)financed by printing money.

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Definitions:

Leverage

The use of borrowed funds to increase the potential return of an investment, also amplifying the potential risk of loss.

Equity Mutual Funds

Investment funds that pool money from many investors to purchase a portfolio of stocks, aiming to provide returns through dividends and capital gains.

Risky

An adjective describing the likelihood of losing part or all investment due to various types of investment or market risks.

Equity Growth Fund

A mutual fund that invests primarily in stocks with the goal of capital appreciation rather than income.