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29 Apr 2022, 02:30
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D
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
95%
(hard)
Question Stats:
44% (02:29) correct
56%
(02:31)
wrong
based on 228
sessions
History
Date
Time
Result
Not Attempted Yet
In a referendum on July 16 this year, the voters of Maryland State approved a $ 690 million bond issue for the construction of a state highway, an obvious priority. The legislature has now voted to put five more general obligation bond issues on the December ballot, adding another $ 2.1 billion to the state's long-term debt. The proposals on the December agenda include $ 350 million for the installation of a new telecom system, $ 200 million to subsidize low-interest mortgages for first-time home buyers, $ 500 million for setting up a state-owned recycling plant for environmental protection, $ 570 million to extend the fruit-farmers crop-loan program, and $ 485 million for the construction of a state prison, long since overdue.
Which of the following statements is a point to which the author is most probably leading?
(A) The voters cannot be expected to help make financial decisions for the state because most voters have their own set of financial worries.
(B) The cost of these bond issues is a burden that the tax-payers of the state have to bear.
(C) Two of these five bond issues are certainly more important than the others.
(D) The five bond proposals are quite enough, and between now and December voters will have to study the proposals carefully to make sure that the government is not over-stretching its finances.
(E) The cost of these bond issues is, on the face of it, negligible.
Which of the following statements is a point to which the author is most probably leading?
(A) The voters cannot be expected to help make financial decisions for the state because most voters have their own set of financial worries.
(B) The cost of these bond issues is a burden that the tax-payers of the state have to bear.
(C) Two of these five bond issues are certainly more important than the others.
(D) The five bond proposals are quite enough, and between now and December voters will have to study the proposals carefully to make sure that the government is not over-stretching its finances.
(E) The cost of these bond issues is, on the face of it, negligible.
02 May 2022, 10:06
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Since the author highlights that the state's long-term debt is further stressed by the 5 obligations, B seems to be the correct logical answer where the author is leading us.
