State & Local Gov't Finances Chap 14 Lesson 3
Quiz by Peter Duesterbeck
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10 questions
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- Q1The federal government receives the majority of intergovernmental funds from states.FALSETRUE30s
- Q2Only five states—Alaska, Delaware, Montana, New Hampshire, and Oregon—have a general sales tax.TRUEFALSE30s
- Q3All but seven states—Alaska, Florida, Nevada, South Dakota, Texas, Washington, and Wyoming—rely on the individual income tax for revenue.FALSETRUE30s
- Q4The largest category of state spending is education.FALSETRUE`30s
- Q5State governments have primary responsibility for elementary and secondary education.FALSETRUE30s
- Q6States receive most of their intergovernmental revenue funds from ___________ .local governmentspublic utilitiesother state governmentsthe federal government30s
- Q7Which is a major revenue category for state governments?all of the thesefederal spendingcontributions to employment retirement fundssales tax receipts30s
- Q8What do state governments spend the most on?the federal governmenthigher educationwelfarelocal governments30s
- Q9After intergovernmental revenue, the largest source of revenue for local governments is _____________ .income taxfederal grantsstate spendingproperty tax30s
- Q10Which is an example of a natural monopoly?an intergovernmental revenue paymenta city water systemall of thesea balanced budget amendment30s