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12 April, 12:22

How does a state borrow money?

a.

raise tax

c.

loan from federal government

b.

bond

d.

increase international trade

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Answers (1)
  1. 12 April, 14:56
    0
    There are several ways in which a state can borrow money but the best option would be "raise tax" since this way does not require the state to pay interest (back to the federal government for example).
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