Answer:
B). Build a new school.
Explanation:
Municipal bonds are characterized as the debt security that the governments(state or local) issue to raise finance(by selling these bonds in the market) and back their expenditure.
As per the question, the best example of reason for raising bond money by local governments would be to 'build a new school' as the construction projects are one of the prominent public work projects for which governments raises fund from the investors(by selling bonds to them) that backs their spending. Thus, <u>option B</u> is the correct answer.
The united states had a shortage of labor
The Stamp Tax of 1765 is what you are thinking of. It required all of the printed material in the colonies to be made on paper that had been embossed with a revenue stamp and produced in London.