_____ Bonds Are Issued by a State or Local Unit

question 12

Multiple Choice

_____ bonds are issued by a state or local unit of government.

• A) Corporate-entity
• B) Mortgage
• C) Government-agency
• D) Municipal

---

Definitions:

Economic Growth

An increase in a country's capacity to produce goods and services, compared from one period of time to another.

Workers

Individuals engaged in any form of employment or labor to produce goods or provide services.

Industrial Nation

A country with a significant portion of its economy based on manufacturing and industrial activities, often characterized by high levels of technology and infrastructure.

Labor Force Quality

A measure of the skills, education, and productivity of workers in an economy, which impacts economic output and growth.