Evaluate the activities and impact of the U.S. Treasury Department, state and local governmental units' involvement in raising funds within the financial system.
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When federal, state, and local governments issue securities, what key roles do they play in financial markets?
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Particularly, what roles do they play in the bond and mortgage markets?
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How do these decisions affect you?
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Describe these financial markets in which governments participate and how they function.
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What securities have federal, state, and local governments recently issued?