Why Governments Do Not Issue Stocks
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Governments do not issue stocks because:
they cannot sell ownership claims
they cannot sell debt claims
the Constitution expressly prohibits it
they cannot compete effectively with corporations relative to profits
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The solution provides the correct answer and discussion for the reason why governments cannot issue stocks.
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Governments do not issue stocks because:
they cannot sell ownership claims <-- correct answer
they cannot sell debt claims
the Constitution expressly ...
Purchase this Solution
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