How does a state borrow money? a. raise tax c. loan from federal government b. bond d. increase international trade

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asked May 24, 2016 30.9k views

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Vinko Vorih · Answer 1 · 2016-05-31T01:43:27+0000

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).

How does a state borrow money? a. raise tax c. loan from federal government b. bond d. increase international trade

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