BeatricePenrice245 BeatricePenrice245

07-08-2015
Social Studies

Answered

How does a state borrow money?

a.

raise tax

c.

loan from federal government

b.

bond

d.

increase international trade

Verified Answer :

HistoryGuy HistoryGuy

13-08-2015

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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