Reference no: EM132959084
Problem 1: What is NOT a way that a federal system of government (i.e. different levels of government) affects public budgeting?
grants
mandates
bond ratings
tax credits, exemptions, and deductions
Problem 2: States limit their budgets in constitutions and laws by which of the following
a. Statutory balanced budget requirments
b. Statutory debt limits
c. Statutory tax and expenditure limitations
d. a and b, but not c
e. All of the above
Problem 3: When cuts are necessary in order to balance a budget, which of the following is a strategy that can be employed to make those cuts more politically acceptable?
a. Make cuts where they are least noticeable to prevent citizen complaints, for example a city reducing its vehicle renewal fund.
b. Make cuts across the board so that the cuts appear to be fair for everyone.
c. Make cuts in the programs that have the weakest interest group support.
d. All of the above
e. None of the above