POLS 207 EXAM 3 REVIEW- (Chapters 4,13,14,15,16) Questions and Answers
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Course
PNR 207
Institution
PNR 207
Budget shortfalls are also known as ______. - Answer-deficits
______ taxes are another term for excise taxes. - Answer-Sin
______ taxes occur after one's death. - Answer-Estate
______ taxes do not alter spending habits or distort the distribution of resources. - Answer-Focused consumption
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POLS 207 EXAM 3 REVIEW- (Chapters
4,13,14,15,16) Questions and Answers
Budget shortfalls are also known as ______. - Answer-deficits
______ taxes are another term for excise taxes. - Answer-Sin
______ taxes occur after one's death. - Answer-Estate
______ taxes do not alter spending habits or distort the distribution of resources. -
Answer-Focused consumption
Most sales tax revenues go to what governments? - Answer-state
States with no sales or income taxes often have what type of property taxes to
compensate? - Answer-high
Property taxes tend to rise when the economy does what? - Answer-is booming
Property taxes in California are capped at ______ percent of the property's purchase
price. - Answer-1 Percent
Landlords may pass the cost of property tax increases on to renters through ______. -
Answer-rent increases
______ is collected from contributions, assessments, premiums, and payroll taxes. -
Answer-Insurance trust funds
Approximately ______ percent of federal funds go to specific state programs. - Answer-
90 percent
Intergovernmental revenue transfers account for ______ of local government spending.
- Answer-one-third
What is a measure of the ability to pay taxes? - Answer-tax capacity
Payments made to Alaska residents from the interest generated by state investments
are known as ______. - Answer-dividends
Government debt is usually issued in the form of what? - Answer-bonds
Which of these has to do with paying for infrastructure, such as roads? - Answer-capital
investments
, Revenue bonds are secured by ______. - Answer-the expected revenue of a project
______ are the largest expenditure for state and local governments. - Answer-Salaries
During economic downturns, ______ is the first to be cut. - Answer-discretionary
spending
______ is an example of fiscal federalism, in that it is paid for by both the federal and
state governments. - Answer-Medicaid
A service that the government must provide to those eligible, regardless of cost, is
called ______. - Answer-an entitlement
In 1996, ______ replaced the old welfare program, Aid to Families with Dependent
Children. - Answer-Temporary Aid for Needy Families
Which state spends the highest percentage of its state budget on prisons compared
with all of the other states? - Answer-Florida
What is the largest functional spending category for state and local governments? -
Answer-Education
______ are a type of hidden tax. - Answer-User Fees
In reaction to protests and heightened media coverage, in 2018, _____, passed a $450
million tax increase to boost education spending. - Answer-Oklahoma
No Child Left Behind (NCLB) was the signature domestic policy program of whom? -
Answer-George W. Bush in 2002
NCLB relies heavily on which of the following? - Answer-Standardized Tests
A ______ school is one in which children of all income levels attend at taxpayer
expense. - Answer-Common
A Nation at Risk was commissioned by which president? - Answer-Ronald Reagan
Fixed criteria for learning that students are expected to achieve are known as ______. -
Answer-standards
The authority of the ______ is extremely limited. - Answer-U.S. Department of
Education
Who visits schools to determine if they qualify for accreditation? - Answer-outside
experts
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