When you buy a United States Saving Bond, you?
A. loan money to the goverment
B. borrow money from a saving and loan association
C. donate money for special goverment projects
D. pay for your child's college education

Question

When you buy a United States Saving Bond, you?
A. loan money to the goverment
B. borrow money from a saving and loan association
C. donate money for special goverment projects
D. pay for your child's college education

anonymous · Answer

A.  You give the governmetn money, and you get a piece of paper in exchange.  On the paper, all fancily engraved, the US government promises to pay you your money back sometime in the future, often with some interest.  So you're loaning money to the government.  The US government has to borrow about 1/3 of the money it spends, right now.