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★ѕραndavir ★ѕραndavir
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6 years ago
The interest income earned on most municipal bonds in the United States is tax exempt. Thus, for such municipalities
A) the level of public investment projects is lower than it would be otherwise.
B) municipal tax revenues are higher than they would be otherwise.
C) the user cost of cost capital is lower than it would be otherwise.
D) All of the above are correct.
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
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thecromthecrom
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6 years ago
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★ѕραndavir Author
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6 years ago
Correct Slight Smile TY
bbbbbbbh
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Yesterday
Thank you, thank you, thank you!
branbran2k16
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2 hours ago
Smart ... Thanks!
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