At Westonci.ca, we provide clear, reliable answers to all your questions. Join our vibrant community and get the solutions you need. Connect with a community of experts ready to provide precise solutions to your questions on our user-friendly Q&A platform. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.
Sagot :
When you buy a U.S. government savings bond, you're doing so under the power given to Congress to borrow money
Answer; D
Borrow money;
When you buy a U.S. government savings bond, you're doing so under the power given to Congress to borrow money.
Explanation;
Borrowing money in this case, entails lending money to an entity when you buy a bond from it. You give the entity the power to borrow.
The U.S. government has the power to regulate commerce, levy taxes, print and coin money regardless of bond issuance. Buying bonds does not increase the power.
Borrow money;
When you buy a U.S. government savings bond, you're doing so under the power given to Congress to borrow money.
Explanation;
Borrowing money in this case, entails lending money to an entity when you buy a bond from it. You give the entity the power to borrow.
The U.S. government has the power to regulate commerce, levy taxes, print and coin money regardless of bond issuance. Buying bonds does not increase the power.
Thanks for using our service. We aim to provide the most accurate answers for all your queries. Visit us again for more insights. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.
