Question

A state wants to make improvements to highways and proposes that they use bonds rather than federal grant money to pay for the project. What is the difference between bonds and grants?

A. Unlike grants, bonds are loans and must be paid back.
B. Unlike grants, bonds can be renewed year after year.
C. Unlike grants, bonds can only be paid to private companies.
D. Unlike grants, bonds must be used to construct public buildings.

Answer 1

A.) unlike grants, bonds are loans and must be paid back

Answer 2

The answer is A because bonds must be paid back and grants are given to you.