Long-term debt instruments used by both government and business are known as
A) stocks.
B) bills.
C) bonds.
D) equities.

Name: Long-term debt instruments used by both government and business are known as A) stocks. B) bills. C) bonds. D) equities.
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Long-term debt instruments used by both government and business are known as bonds. Stocks (A) and equities (D) are ownership shares in a company, while bills (B) are short-term debt instruments.

Long-Term Debt Instruments Used by Both Government and Business Are