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Basic Question 2 of 3
Which of the following credit analysis factors is more important for a general obligation non-sovereign government debt when compared to sovereign debt?
B. Tax collection performance.
C. The obligation to balance the operating budget.
A. Per capita income.
B. Tax collection performance.
C. The obligation to balance the operating budget.
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Learning Outcome Statements
explain special considerations when evaluating the credit of sovereign and non-sovereign government debt issuers and issues
CFA® 2024 Level I Curriculum, Volume 4, Module 15.