Question 7 The fact that in the USA, a municipal bond could have a lower yield compared to federal government bonds is an example of Select one: a. the distortionary effect of taxes, making them more popular compared to Treasuries b. the distortionary effect of taxes, making them less popular compared to Treasuries c. the distortionary effect of taxes, increasing their supply relative to demand d. None of the above
Question 7 The fact that in the USA, a municipal bond could have a lower yield compared to federal government bonds is an example of Select one: a. the distortionary effect of taxes, making them more popular compared to Treasuries b. the distortionary effect of taxes, making them less popular compared to Treasuries c. the distortionary effect of taxes, increasing their supply relative to demand d. None of the above
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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