New Federalism most favors which type of government grant?

Which of the following arguments is made by those who oppose the use of general obligation bonds?

A) They can double the cost of a construction project. B) The state does not have enough money to lend to charities, even if they are worthwhile. C) The state should not be in the business of loaning money to risky business ventures. D) They cannot be used for construction projects, yet that is where the greatest need exists. E) All of the above

Public policy is a course of action decided upon by government officials choosing among competing alternatives

Indicate whether the statement is true or false