Governments issue ____ as a means of borrowing money to cover budget shortfalls.
A) tax credits
B) stimulus
C) fiscal updates
D) bonds

Question

Quizplus · Accepted Answer

Governments issue bonds as a means of borrowing money from investors to cover budget shortfalls, finance projects, or manage debt. Bonds are essentially IOUs where the government promises to pay back the borrowed amount with interest at a future date.

Governments Issue ____ as a Means of Borrowing Money to Cover