Which of the Following Statements Is False

question 8

Multiple Choice

Which of the following statements is false?

• A) Zero-coupon Treasury securities with maturities longer than one year also trade in the bond market.
• B) Treasury securities are initially sold to the public through dealers.
• C) Municipal bonds ("munis") are issued by state and local governments.
• D) Municipal bonds' distinguishing characteristic is that the income on municipal bonds is not taxable at the federal level.

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Definitions:

Nociception

Perception of pain, temperature, and itch.

Perception

The process by which organisms interpret and organize sensation to produce a meaningful experience of the world.

Nociception

The sensory process that provides the signals that lead to the perception of pain in response to potentially harmful stimuli.

Hapsis

Perceptual ability to discriminate objects on the basis of touch.