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Revenue Bonds Are Defined by the Text as

Question 78

Multiple Choice

Revenue bonds are defined by the text as


A) instruments of banking that allow a state or local government to borrow funds with no money down.
B) lines of credit.
C) certificates sold to the general public to raise money for building projects or other expensive propositions.
D) tolls and fees collected by a special-purpose government or a special district.
E) discretionary funds available to the state from a private bank or lending institution.

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