Social Science Economics
GOVT 2306 Chapter 14
Review: Financing State
Government Exam
Questions Verified and
Provided with A+
Graded Answers |Latest
Updated 2026
,On average, Texas generates_____of its revenue from its own sources.
-two-thirds
-one-quarter
-a small percentage
-one-half
two-thirds
Often provided by the government, goods or services that are characterized by the
features of non-excludability and nonrivalrous consumption are known as ____________
___________
public goods
_____goods are goods and services that the public sector often provides, meaning they
are exclusive and can be exhausted.
-Common-pool
-Toll
-Social
social
, _______goods are often non-exhaustive only to a certain point. (Think about toll roads and
public beaches.)
toll
True or false: The amount of tax money available in any given state depends on the
wealth of the citizens of that state.
true
Texas spends most of the money it gets from the federal government on
-border security.
-health and human services.
-education.
-infrastructure and transportation development.
health and human services
What is meant by the "nonrivalrous consumption" quality of a public good?
-The government chooses who consumes the good, eliminating competition or rivalry for
the good.
-The use of a good by a person or persons does not diminish the availability of that good
for others to use or enjoy.
-The person or persons benefiting from the good are not aware of that benefit.
-The good is something that occurs naturally; it is not something the government is
capable of providing.
The use of a good by a person or persons does not diminish the availability of that good
for others to use or enjoy.
GOVT 2306 Chapter 14
Review: Financing State
Government Exam
Questions Verified and
Provided with A+
Graded Answers |Latest
Updated 2026
,On average, Texas generates_____of its revenue from its own sources.
-two-thirds
-one-quarter
-a small percentage
-one-half
two-thirds
Often provided by the government, goods or services that are characterized by the
features of non-excludability and nonrivalrous consumption are known as ____________
___________
public goods
_____goods are goods and services that the public sector often provides, meaning they
are exclusive and can be exhausted.
-Common-pool
-Toll
-Social
social
, _______goods are often non-exhaustive only to a certain point. (Think about toll roads and
public beaches.)
toll
True or false: The amount of tax money available in any given state depends on the
wealth of the citizens of that state.
true
Texas spends most of the money it gets from the federal government on
-border security.
-health and human services.
-education.
-infrastructure and transportation development.
health and human services
What is meant by the "nonrivalrous consumption" quality of a public good?
-The government chooses who consumes the good, eliminating competition or rivalry for
the good.
-The use of a good by a person or persons does not diminish the availability of that good
for others to use or enjoy.
-The person or persons benefiting from the good are not aware of that benefit.
-The good is something that occurs naturally; it is not something the government is
capable of providing.
The use of a good by a person or persons does not diminish the availability of that good
for others to use or enjoy.
