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    Financial System and the Economy Principles
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    Exam 4: Financial Markets, Instruments, and Market Makers
  5. Question
    __________ Are Municipal Bonds Paid Out of the General Revenues
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__________ Are Municipal Bonds Paid Out of the General Revenues

Question 69

Question 69

Multiple Choice

__________ are municipal bonds paid out of the general revenues of the issuer and backed by the full faith and credit of the issuer.


A) Negotiable certificates of deposit
B) General obligation bonds
C) Revenue bonds
D) Repurchase agreements

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