Bonds issued by states, cities, and various government agencies to fund public projects are known as ________
A) treasury bonds
B) treasury bills
C) TIPS
D) treasury notes
E) municipal bonds
Answer: E
Explanation: Municipal bonds (often informally called munis) are issued by states, cities, and various government agencies to raise money for public projects such as building schools, highways, and airports.
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a. True b. False Indicate whether the statement is true or false
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Indicate whether the statement is true or false
The purchase of stocks and bonds to obtain a return on the funds invested is known as __________.
Fill in the blank(s) with the appropriate word(s).
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What will be an ideal response?