Which of the Following Is Not a Criticism of Special

question 45

Multiple Choice

Which of the following is not a criticism of special districts?

• A)​Most voters know little about them or their operations.
• B)​They cover very large geographic areas and are overly dependent on state control.
• C)​They are uneconomical, with high interest rates on taxpayer-supported bonds.
• D)​They complicate government, especially in urban areas.
• E)​They promote haphazard development and inefficiency.

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Definitions:

M1

A category of the money supply that includes all physical money like coins and currency, as well as demand deposits and other liquid assets held by the central bank.

Nonbanking Public

Individuals and businesses that are participants in the financial markets but do not have the authority to accept deposits or provide banking services.

Money Supply

Money supply is the total amount of monetary assets available in an economy at a specific time, including cash, coins, and balances held in checking and savings accounts.

Currency

The system of money in general use in a particular country.