While More State and Local Government Funds Are Needed as the Population

While more state and local government funds are needed as the population continues to grow, it is not clear whether those needed funds can be raised at reasonable cost given:

A) The current structure and rules surrounding the market for municipals
B) The very low interest rates
C) The very stable interest rates
D) The fact that interest rates are expected to drop
E) None of the above

Correct Answer:

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