Which of the following factors in credit analysis is more important for general obligation non-sovereign government debt

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Which of the following factors in credit analysis is more important for general obligation non-sovereign government debt than for sovereign debt?

A. Per capita income

B. Power to levy and collect taxes

C. Requirement to balance an operating budget

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Fixed Income Analysis

ISBN: 9781119850540

5th Edition

Authors: Barbara S. Petitt

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