How Do Local Governments Typically Finance Large Construction Projects,such as Retrofitting

question 43

Multiple Choice

How do local governments typically finance large construction projects,such as retrofitting hospitals to be safe in earthquakes,fixing aging community facilities,or expanding schools?

• A)by getting jumbo loans from a bank
• B)by selling bonds that must be paid back with interest
• C)by raising taxes to pay for each project
• D)by contracting with developers and then charging fees to users of the facilities

---

Definitions:

Distilling

The process of purifying a liquid by heating and cooling, separating substances based on differences in their volatilities.

Argument's Premises

The statements or propositions in an argument that provide support to the conclusion.

Implicit Premise

A foundational belief or assumption that is not directly stated but is necessary for the argument to hold.

Country Club

A private club, often encompassing leisure sports facilities like golf and tennis, and dining and social events, accessible usually to members and their guests.