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yes state can borrow money from union and even outside the country
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∙ 13y ago
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How do governments borrow money?
Governments raise most their funds through taxes and other revenue, and occasionally tax revenue is not enough for pay for the government taxes so as a result the government must borrow money by issuing bonds. A bond is a certificate stating that the government has borrowed a certain sum of money from the owner.
From whom does the government borrow money?
The UK government in common with many first-world governments issue "gilt bonds" into the financial markets which return a fixed guaranteed interest.from the federal reserve.
How old do you have to be to borrow money from the bank?
2
When you buy a US Savings Bond you are doing so under the power given to congress to A regulate commerce B levy taxes C print and coin money D borrow money?
BORROW MONEY
Why do governments set up budgets?
to do so governments make up a budget,or plan for collecting and spending money
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?
to be smarter
What do the national and state governments have in common?
People of common traits with the ability to govern
Which are the powers that are held by both the national government and state governments such as the ability to levy excise taxes and borrow money called?
concurrent powers
What are municipal bonds often called?
State, county, and local governments also borrow money by selling municipal bonds (frequently referred to as "munis").
Why do governments of coastal West African countries have to borrow money?
they dont have any
What are two Powers the US and Florida governments share?
Borrow money and levy taxes
How does a state borrow money?
b. bond
What powers are exercised simultaneously by the national and state governments?
-enforce laws -establish courts -borrow money -secure the population -build an infrastructure -collect taxes -make laws
What kind of instruments do states to borrow money?
The type of instrument the State can use to borrow money is through Goverment Bonds.
What can state governments not do?
State governments cannot declare war or issue their own money.
What are two powers that the U.S. and the Florida governments share?
Borrow money and levy taxes
