Author Question: Which of the following statements is true of government securities? A) They do not pay their holders ... (Read 111 times)

bcretired · **on:** Jul 14, 2018

Which of the following statements is true of government securities?
A) They do not pay their holders a stated rate of interest until they mature.
B) The interest income earned on municipal bonds is subjected to federal income taxes.
C) The biggest single issuer of government securities is the federal government.
D) They are IOUs issued to government entities when corporate entities borrow money.

Question 2

The right to consumer education entitles people to be fully informed about their rights as consumers.

Indicate whether the statement is true or false