Discover new perspectives and gain insights with IDNLearn.com. Join our Q&A platform to receive prompt and accurate responses from knowledgeable professionals in various fields.
Sagot :
When you buy a U.S. government savings bond, you're doing so under the power given to Congress to borrow money
Answer; D
Borrow money;
When you buy a U.S. government savings bond, you're doing so under the power given to Congress to borrow money.
Explanation;
Borrowing money in this case, entails lending money to an entity when you buy a bond from it. You give the entity the power to borrow.
The U.S. government has the power to regulate commerce, levy taxes, print and coin money regardless of bond issuance. Buying bonds does not increase the power.
Borrow money;
When you buy a U.S. government savings bond, you're doing so under the power given to Congress to borrow money.
Explanation;
Borrowing money in this case, entails lending money to an entity when you buy a bond from it. You give the entity the power to borrow.
The U.S. government has the power to regulate commerce, levy taxes, print and coin money regardless of bond issuance. Buying bonds does not increase the power.
Thank you for using this platform to share and learn. Don't hesitate to keep asking and answering. We value every contribution you make. Thank you for choosing IDNLearn.com. We’re committed to providing accurate answers, so visit us again soon.
