Revenue sharing is usually a means of
a. making states transfer money to the federal government.
b. equalizing expenditures per pupil made by school districts.
c. splitting the revenue earned from excise taxes between states and the federal government.
d. making grants to state and local governments.
d
You might also like to view...
Recall the Application. Recessions can occur either when there is a(n) ________ in aggregate demand or a(n) ________ in aggregate supply
A) decrease; increase B) increase; increase C) decrease; decrease D) increase; decrease
In a perfectly competitive market, all firms in the long run earn:
A) positive economic profit. B) positive accounting profit. C) zero economic profit. D) zero accounting profit.
Refer to Table 23-11. Using the table above, calculate the unplanned change in inventories for each level of GDP, and explain what will happen to GDP
What will be an ideal response?
In the four-quadrant diagram of the specific factors model, the graph in the lower right quadrant is a country's
A) production function for cloth. B) production possibility frontier. C) labor allocation constraint. D) production function for food. E) labor supply curve.