______ bondholders are generally exempted from paying taxes on income received from these bonds.

a. General obligation
b. Municipal
c. Revenue
d. Capital


b. Municipal

Political Science

You might also like to view...

The principle that the Supreme Court used in overturning Fulton's monopoly on a New York steamboat operation was that

A. a monopoly is a restraint on trade. B. patents cannot be issued on recent technology. C. state law cannot prevail over federal law. D. interstate commerce cannot be regulated. E. the indirect effects of commerce are beyond the scope of government regulation.

Political Science

The framers of the Texas constitution envisioned that the governor would__________.

A. be involved in the day-to-day operations of the office B. not be involved in the day-to-day operations of the office C. grow the power of the office over time D. work closely with legislative leaders

Political Science

Entitlement programs are designed to do which of the following?

a. get the poor out of poverty b. help ensure equality in public school funding c. help provide income to low-earning households d. provide benefits to all qualifying individuals

Political Science

Slander or libel lawsuits may be filed when someone’s false statement harms another person’s reputation. Because of Supreme Court rulings such as New York Times v. Sullivan, however,

a. only private figures can reasonably hope to win such lawsuits.  b. only politicians can reasonably hope to win such lawsuits.  c. only minors can reasonably hope to win such lawsuits.  d. only celebrities and entertainers can reasonably hope to win such lawsuits.   

Political Science