Ask Question
15 September, 20:25

When u buy a u. s government savings bond, your doing so under the power given to congress to ...

+4
Answers (1)
  1. 15 September, 21:43
    0
    When a person buys US Government savings bond, he or she is doing so under the powers given to congress to borrow money. By buying a government bond, the person is actually lending money to the government. The government of US already has the power to levy taxes, regulate business without the need for any bonds. So it is a fact that buying a bond will never increase the power of the government. The people are lending money to the government as an entity.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “When u buy a u. s government savings bond, your doing so under the power given to congress to ... ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers