Financial securities which are issued to finance government expenditures and national debt are classified as

A. treasury notes and bonds
B. contraction bonds
C. expansion bonds
D. dollar bonds
✅ The correct answer is option A.
Financial securities which are issued to finance government expenditures and national debt are classified as treasury notes and bonds. Treasury bills, notes, and bonds are fixed-income securities issued by the U.S. government. They are sold at auction and on the secondary market.

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