The best example of why local governments raise bond money is to . a. pay for public transportation b. build a new school c. pay government employee salaries d. pay police officers Please select the best answer from the choices provided A B C D

B. Build a new school

Explanation: Municipal bonds are issued by state and local governments -- also called municipalities -- to raise money for public works projects like the construction and maintenance of bridges, hospitals, schools and water treatment facilities. A bond issuer (the municipality) sells the bond to the bond holder (the investor).

Build new schools: answer of chooses

Explanation:

It is generally used to finance public projects such as roads, schools, airports and seaports, and infrastructure-related repairs.

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