Texas Government 2306 - Exam 3
Revision Exam Questions Fully Solved
Graded A+.
Fiscal policy is a public policy which concerns what area?
A. Taxing
B. Government spending
C. Public Debt
D. Management of government money
E. All of the above - Answer Fiscal policy is a public policy which concerns what area?
E. All of the above
Fiscal policy covers taxing, govt spending, public debt and management of govt money.
T or F
Texas government adopts a biennial budget. - Answer TRUE
Since the legislation only meets biennial, they must adopt a budget which covers the two years.
The Comptroller certified how much in the 2013-2015 Budget?
A. $150 Billion
B. $101 Billion
C. $208 Billion
D. $112 Billion - Answer The Comptroller certified how much in the 2013-2015 Budget?
C. $208 Billion
,T or F
Texas has a pay as you go government spending program. - Answer TRUE
Texas has a pay as you go government spending program which requires a balanced budget.
The comptroller certifies the biennial income.
What is required in each chamber to override the comptrollers certified income amount?
A. 2/3 approval and a new revenue source
B. Majority approval and a new revenue source
C. 4/5 approval and a new revenue source
D. Only the governor has the power to override. - Answer What is required in each chamber to
override the comptrollers certified income amount?
C. 4/5 approval and a new revenue source
T or F
Texas Income Tax is the majority of income for the state. - Answer FALSE
Texas does not have a state income tax.
Which best describes Texas?
A. Low Service, Low Tax state
B. High Service, High Tax state
C. Low Service, High Tax state
D. High Service, Low tax state - Answer Which best describes Texas?
, Compared to other states, Texas has a relatively _______ property and sales tax?
A. Low
B. High
C. Average - Answer Compared to other states, Texas has a relatively _______ property and
sales tax?
B. High
Texas is the 10th highest sales tax (6.25%) in the nation, property taxes are high due to no
income tax.
T or F
Texans pay less taxes compared to people in most other states. - Answer TRUE
State taxes per capita rank texas #48
Local Taxes at #13
Overall, Texas ranks #32 in taxes.
which of the following has not consistently experienced state funding cuts over the past three
decades?
A. Transportation
B. Health and Human Services
C. Oil and Gas
D. Educations - Answer which of the following has not consistently experienced state funding
cuts over the past three decades?
B. Health and Human Services
Revision Exam Questions Fully Solved
Graded A+.
Fiscal policy is a public policy which concerns what area?
A. Taxing
B. Government spending
C. Public Debt
D. Management of government money
E. All of the above - Answer Fiscal policy is a public policy which concerns what area?
E. All of the above
Fiscal policy covers taxing, govt spending, public debt and management of govt money.
T or F
Texas government adopts a biennial budget. - Answer TRUE
Since the legislation only meets biennial, they must adopt a budget which covers the two years.
The Comptroller certified how much in the 2013-2015 Budget?
A. $150 Billion
B. $101 Billion
C. $208 Billion
D. $112 Billion - Answer The Comptroller certified how much in the 2013-2015 Budget?
C. $208 Billion
,T or F
Texas has a pay as you go government spending program. - Answer TRUE
Texas has a pay as you go government spending program which requires a balanced budget.
The comptroller certifies the biennial income.
What is required in each chamber to override the comptrollers certified income amount?
A. 2/3 approval and a new revenue source
B. Majority approval and a new revenue source
C. 4/5 approval and a new revenue source
D. Only the governor has the power to override. - Answer What is required in each chamber to
override the comptrollers certified income amount?
C. 4/5 approval and a new revenue source
T or F
Texas Income Tax is the majority of income for the state. - Answer FALSE
Texas does not have a state income tax.
Which best describes Texas?
A. Low Service, Low Tax state
B. High Service, High Tax state
C. Low Service, High Tax state
D. High Service, Low tax state - Answer Which best describes Texas?
, Compared to other states, Texas has a relatively _______ property and sales tax?
A. Low
B. High
C. Average - Answer Compared to other states, Texas has a relatively _______ property and
sales tax?
B. High
Texas is the 10th highest sales tax (6.25%) in the nation, property taxes are high due to no
income tax.
T or F
Texans pay less taxes compared to people in most other states. - Answer TRUE
State taxes per capita rank texas #48
Local Taxes at #13
Overall, Texas ranks #32 in taxes.
which of the following has not consistently experienced state funding cuts over the past three
decades?
A. Transportation
B. Health and Human Services
C. Oil and Gas
D. Educations - Answer which of the following has not consistently experienced state funding
cuts over the past three decades?
B. Health and Human Services
