B. develops principles for understanding the government's taxing and spending activities.
C. only works for local and provincial governments.
D. all of these answer options are correct.
Ans: B
Topic: 01-01
Blooms: Remember
Difficulty: Easy
[QUESTION]
2. Key areas of provincial responsibility include
A. welfare.
B. education.
C. health.
D. all of these answers are correct.
Ans: D
Topic: 01-02
,Blooms: Remember
Difficulty: Easy
[QUESTION]
3. ___________ are exclusively the domain of provincial and local governments, and the federal
government does not receive any revenue from this source.
A. Personal income taxes
B. Property taxes
C. Sales taxes
D. Payroll taxes
Ans: B
Topic: 01-11
Blooms: Remember
Difficulty: Easy
[QUESTION]
4. In 2009, provincial and local governments received the largest amount of revenue from
A. personal income taxes.
B. property taxes.
C. sales taxes.
D. payroll taxes.
Ans: A
Topic: 01-11
Blooms: Remember
Difficulty: Easy
, [QUESTION]
5. In 2009, the federal government received most of its revenue from
A. personal income taxes.
B. property taxes.
C. sales taxes.
D. payroll taxes.
Ans: A
Topic: 01-11
Blooms: Remember
Difficulty: Easy
[QUESTION]
6. The federal government accounts for _______ of government spending at all levels.
A. most
B. one-third
C. half
D. two-thirds
Ans: B
Topic: 01-12
Blooms: Remember
Difficulty: Easy
[QUESTION]
7. At the end of fiscal year 2014, the federal government's net public debt was around
A. $682 thousand.
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