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jm08123 jm08123
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6 years ago
According to the Federal Tax Reform Act of 1986, only ________ is completely free from all federal income taxation.
 
  A. essential function bond income
  B. nonessential function bond income
  C. private purpose municipal bond income
  D. multifamily housing municipal bond income

Question -2-

Incumbents can often discourage potential challengers from entering races against them by ________.
 
  A. collecting vote promises
  B. promising constituent services
  C. building a campaign war chest
  D. campaigning for reform

Question -3-

What usually occurs when a city government goes broke?
 
  A. The municipality declares bankruptcy.
  B. The state officially declares it bankrupt.
  C. Operations continue with business as usual.
  D. It is rescued by the state and federal government.
Textbook 
Politics in States and Communities

Politics in States and Communities


Edition: 15th
Authors:
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BabyadjoBabyadjo
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6 years ago
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jm08123 Author
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6 years ago
Thank you Slight Smile
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6 years ago
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