T-bills are financial instruments initially sold by ________ to raise funds.
A) commercial banks
B) the U.S. government
C) state and local governments
D) agencies of the federal government
E) the U.S. government and agencies of the federal government

Question

Quizplus · Accepted Answer

T-bills, or Treasury bills, are short-term securities issued by the U.S. government to raise funds.

T-Bills Are Financial Instruments Initially Sold by ________ to Raise