1. The largest single category of state government spending is?

Fiscal Administration 5th edition




Fiscal Administration
exam based questions and
verified answers5th edition2024-2025


1. The largest single category of state government spending is:
a. Utilities
b. Healthcare
c. Elementary and secondary education
d. Public welfare programs
- ✔✔✔d. Public welfare programs


2. Local government expenditure is dominated by:
a. Elementary and secondary education
b. Public welfare programs
c. Healthcare
d. Policing
- ✔✔✔a. Elementary and secondary education


3. Break-even analysis
a. Attempts to determine the point at which total costs equals total revenues
b. Attempts to determine the level of grant payments
c. Provides a warning of future problems, gives a starting point from
formulating the current budget
d. Offers a "policy-neutral" benchmark against which the president's (and
other) budget proposals can be compared without complication from the
ways the economy can alter those numbers
-✔✔✔a. Attempts to determine the point at which total costs equals total
revenues


4. Which of the following is NOT a fundamental difference between national and
subnational governments?


pg. 1