This topic contains a solution. Click here to go to the answer

Author Question: Which of the following arguments is made by those who oppose the use of general obligation bonds? ... (Read 29 times)

melina_rosy

  • Hero Member
  • *****
  • Posts: 531
Which of the following arguments is made by those who oppose the use of general obligation bonds?
 
  A) They can double the cost of a construction project.
  B) The state does not have enough money to lend to charities, even if they are worthwhile. C) The state should not be in the business of loaning money to risky business ventures. D) They cannot be used for construction projects, yet that is where the greatest need exists.
  E) All of the above

Question 2

Amendments to the Texas Constitution that allow the state to borrow money to pay for construction projects and to repay the loan with tax revenue are known as
 
  A) certificates of debit. B) general obligation bonds. C) deficit budget notes. D) borrowing amendments. E) stock certificates.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bimper21

  • Sr. Member
  • ****
  • Posts: 309
Answer to Question 1

Answer: A

Answer to Question 2

B




melina_rosy

  • Member
  • Posts: 531
Reply 2 on: Jul 8, 2018
Wow, this really help


okolip

  • Member
  • Posts: 362
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

For a complete list of videos, visit our video library