If Congress Were to Eliminate the Tax-Exempt Status of Municipal

question 2

Multiple Choice

If Congress were to eliminate the tax-exempt status of municipal bonds, which of the following would necessarily be true?

• A)Municipal bonds would become riskier investments.
• B)The yields on municipal bonds would have to increase to induce investors to invest in them.
• C)The yields on municipal bonds would decrease since they would no long receive preferential tax treatment.
• D)Both B and C are correct statements.

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Definitions:

White Privilege

The societal privileges that benefit white people over non-white people in some societies, particularly if they are otherwise under the same social, political, or economic circumstances.

Institutional Racism

The systemic policies and practices within and across institutions that perpetuate racial inequality and discrimination against certain racial or ethnic groups.

Colonial Exploitation

The economic and social practices by which colonial powers extracted resources and labor from colonized countries, often leading to long-term developmental disparities.

Black Sexuality

Refers to the exploration and expression of sexual identity among individuals of African descent, often within the context of societal norms and challenges.