单项选择题

The word" leverage" (Line 2, Para. 5) can be interpreted as______.

A．power of a lever that makes things easier
B．the way in which incremental income is generated
C．investing in closed-end municipal bond funds
D．influence of paying interest at short-term rates

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单项选择题

By what is referred in the first paragraph, the author means______.

A．some portion of the distributions of the funds will be subject to AMT
B．AMT will extract a tax on the distributions of all closed-end muni funds
C．the tax-exempt interest closed-end muni funds distribute will be taxable
D．more distributions of lower income bracket may be subject to the AMT this year

单项选择题

According to the passage, to make money the issuers who are not sub-prime ones always______.

A．impose application fees and other extra charges like that
B．pay less attention to managing risk than to collecting debt
C．cap their potential losses by lending only small amounts
D．charge no fees for late payment and breaching credit limits

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