Which of the Following Is Not True Regarding U

question 75

Multiple Choice

Which of the following is not true regarding U.S.government securities?

• A)They can be purchased directly from the government or through a broker.
• B)Interest income is tax exempt from state and local taxes.
• C)Interest rates are lower than rates on corporate bonds.
• D)You receive certificates for the bonds purchased.

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Definitions:

Global Market

The international exchange of goods, services, and capital, encompassing the full extent of activities and operations across countries.

Direct Investment

A form of investment where a company or individual acquires a controlling interest in a foreign business entity, often by purchasing its assets or shares.

Car-Manufacturing Facilities

Factories or plants where automobiles are produced, involving assembly lines and complex machinery.

American Labor

Workforce or labor force in the United States, often focusing on aspects related to employment conditions, rights, and unions.