Answer:
Option b => build a new school.
Explanation:
Local government is a lower administration of the state government and it is the administration that is much more closer to the people in its execution of several developmental projects.
Bonds such as municipal bonds are raised by the local government in order to construct basic infrastructures such as schools, hospitals, roads and so on. These bonds are also used to maintain these infrastructures. Therefore, the best answer to the question is option b which is to ''build a new school."
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