What type of bond would be issued by a state government to pay for road repairs?
A) infrastructure
B) treasury
C) general obligation
D) government
E) revenue

Name: What type of bond would be issued by a state government to pay for road repairs? A) infrastructure B) treasury C) general obligation D) government E) revenue
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Question

Quizplus · Accepted Answer

State governments typically issue general obligation bonds to fund public projects like road repairs, as they are backed by the full faith and credit of the issuing government.

What Type of Bond Would Be Issued by a State