Local governments use public debt (normally bond issues that must be approved by the voters in a referendum) to fund which of the following?
A) City services
B) Public assistance
C) Roads, buildings, and public facilities
D) Health care
C
You might also like to view...
In most cases, members of a city council are paid $10 to $50 per council session
Indicate whether the statement is true or false.
The financial position of the state and national governments under the Articles of Confederation could be best described as
A. sound, strong, and based on a large surplus of revenue. B. sound, strong, but uncertain around the edges. C. uniformly stable at the state level, but the national government struggled with debt. D. stable at the national level with little cause for concern in any of the states. E. growing debt at the national level and several states with financial crises.
Which of the following about Russian public and semipublic institutions is NOT true?
a. Despite privatization, public or semipublic ownership of firms continues in some economic sectors including television, energy, and telecommunications. b. While private clinics and hospitals have emerged, a state-run system of medical care is still in place. c. A large portion of the country's housing is municipally owned. d. Russia's universities remain largely public institutions funded chiefly through the state. e. The executives of most public and semipublic institutions, especially those in the economic sector, are appointed through politically independent boards.
State and local governments typically utilize
a. central purchasing offices. b. decentralized, need-based purchasing processes. c. purchasing procedures that avoid the solicitation of bids for purchasing contracts. d. local purchasing offices, since the locality knows what it needs best.