Question

Standard & Poor’s and Moody’s would be least helpful while making decisions concerning the purchase of _____.

municipal bonds


savings bonds


junk bonds


corporate bonds

Answer 1

The correct approach is Option b (Savings bonds).

Step-by-step explanation:

• Securities from either the United States treasury or such an outside approved agency which always demonstrate that the extra revenue was committed to that same administration and therefore is due to the designated individual is considered as Saving bonds.
• They have been utilized to support their activities by raising financial resources as well as redistributing wealth and infrastructure.

The other given alternatives aren't related to the given scenario. So the above is the right answer.