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Final answer:
Treasury bills, notes, and bonds are issued by the government for borrowing purposes.
Explanation:
Treasury bills, Treasury notes, and Treasury bonds are three types of financial assets issued by the federal government for borrowing purposes. Treasury bills have short maturities of up to one year, notes range from two to ten years, and bonds have maturities from ten to 30 years. Investors buy these obligations, and the government repays them with interest over time.
Learn more about Federal Government Borrowing here:
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