Q263
Financial securities which are issued to finance government expenditures and national debt are classified as
A.
treasury notes and bonds
AnswerB.
contraction bonds
C.
expansion bonds
D.
dollar bonds
Answer: Option A
Solution
Answer: Option A
Solution:
Financial securities which are issued to finance government expenditures and national debt are classified as treasury notes and bonds. Treasury bills, notes, and bonds are fixed-income securities issued by the U.S. government. They are sold at auction and on the secondary market.