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# Votes on June 8 approved a \$495 million bond issue for a

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Intern
Joined: 11 Feb 2008
Posts: 13

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Votes on June 8 approved a \$495 million bond issue for a [#permalink]

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16 Feb 2008, 21:53
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100% (00:00) correct 0% (00:00) wrong based on 3 sessions

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Votes on June 8 approved a \$495 million
bond issue for a state prison construction
that is an obvious priority. Now the legislature
has voted to put five more general obligation
bond issues on the November ballot,
adding another \$1.5 billion to the state’s
long-term debt. Those on the November
menu include \$500 million for building and
remodeling public schools, \$450 million to
extend the veterans home loan program,
\$200 million to subsidize low-interest mortgages
for first-time home buyers, \$85 million
to acquire land for environmental
protection, and \$280 million to help counties
expand or remodel their jails.
Which of the following statements is
a point to which the author is most
A. Two of these bond issues are
certainly more important than
the others.
B. We must face the obvious
conclusion that prison
construction is much less
important than the improvement
of public education and social
programs for lawful citizens.
C. The cost of these bond issues is,
on the face of it, negligible.
D. The voters cannot be expected to
help make financial decisions for
the state because most voters are
suffering from their own severe
financial problems.
E. These five bond proposals are
quite enough, and between now
and November, voters will have
to study them carefully to make
sure that five is not too many.
_________________

fighter

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Manager
Joined: 02 Jan 2008
Posts: 157

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17 Feb 2008, 01:24
long one... and E?

--
...adding another \$1.5 billion to the state’s long-term debt.

Kudos [?]: 132 [0], given: 0

Re: cr1   [#permalink] 17 Feb 2008, 01:24
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# Votes on June 8 approved a \$495 million bond issue for a

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