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How does a state borrow money?

Updated: 9/18/2023
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12y ago

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b. bond

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12y ago
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Q: How does a state borrow money?
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Can state governments borrow money?

yes state can borrow money from union and even outside the country


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The type of instrument the State can use to borrow money is through Goverment Bonds.


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The power that is given to congress is the ability to borrow money.


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Who decides how much money the government has to borrow?

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Both the national and the state governments have the power to collect taxes and to borrow money These are a good example of what?

Concurrent powers


Both the national and the state governments have the power to collect taxes and to borrow money. These are a good example of which of the following?

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