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Treasury issues are: Multiple Choice Exempt from state income taxes but, not federal income taxes. Exempt from federal income taxes but, not state income taxes.
Treasury issues are:
Multiple Choice
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Exempt from state income taxes but, not federal income taxes.
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Exempt from federal income taxes but, not state income taxes.
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Have large amounts of default risk.
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Securities that the U.S. government issues for periods up to 50 years.
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Dependent on whether the treasury can obtain money to make payments.
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