Financial securities which are issued to finance government expenditures and national debt are classified as

A. treasury notes and bonds

B. contraction bonds

C. expansion bonds

D. dollar bonds

Answer: Option A

Solution(By Examveda Team)

Financial securities which are issued to finance government expenditures and national debt are classified as treasury notes and bonds. Treasury bills, notes, and bonds are fixed-income securities issued by the U.S. government. They are sold at auction and on the secondary market.