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Ask a new Question 39. The City of Washington needs to upgrade its levies and its water drainage systems. The cost will exceed the amount

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39. The City of Washington needs to upgrade its levies and its water drainage systems.

The cost will exceed the amount of tax revenue the City expects to receive over the next

10 years.

How will the City be able to raise the funds needed to finance this upgrade?

A. issue Treasury Bonds

B. issue municipal bonds

C. borrow from Banks

D. borrow from large corporations

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