Revenue Bonds Are Defined by the Text as

question 66

Multiple Choice

Revenue bonds are defined by the text as

• A)instruments of banking that allow a state or local government to borrow funds with no money down.
• B)lines of credit.
• C)certificates sold to the general public to raise money for building projects or other expensive propositions.
• D)tolls and fees collected by a special-purpose government or a special district.
• E)discretionary funds available to the state from a private bank or lending institution.

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