Which of the following is not a reason for the establishment of intergovernmental transfer programs?
a. Higher level governments want to encourage lower governments to undertake certain programs.
b. Taxes are harder to avoid at higher levels of government.
c. To provide for national defense resources utilized at the local level.
d. Equalization of resources between richer and poorer localities
c
You might also like to view...
If we look at real and nominal interest rates in the United States since 1971, we see that
A) the real interest rate has almost always been less than the nominal interest rate because of inflation. B) at times the nominal interest rate has been greater than the real interest rate and at times has been less than it. C) the difference between the nominal and real interest rates has widened during the 1990s because of inflation. D) the nominal interest rate has always been less than the real interest rate because of inflation. E) both the nominal and real interest rates were negative in the highly inflationary 1970s.
During the 2000s, the Federal government's deficit rose because of
a. large tax cut in 2001 and 2004.. b. large increases in government spending. c. increases in both the cyclical and structural deficits. d. a recession in 2001. e. all of the above.
Which of the following is an example of money serving as a medium of exchange? a. John buys a cup of coffee and a roll at the faculty dining room. b. Steve puts a five-dollar bill in his money belt
c. Scott deposits cash into a savings account. d. Roland puts his coins into a piggy bank.
Which of the following is the government not permitted to do with surplus farm goods?
a. sell to foreign countries at lower than market prices b. support child nutrition programs c. give the food to charitable food banks d. compete with farm-goods producers e. destroy the food