Question 1

The program acronym CHIP stands for

Accepted Answer

A)  Christian Hospital Insurance Plan. 
B)  Children's Health Insurance Program. 
C)  Cooperative Hospital Inclusive Project. 
D)  Children's Home Improvement Protection. 
A)  Christian Hospital Insurance Plan. 
B)  Children's Health Insurance Program. 
C)  Cooperative Hospital Inclusive Project. 
D)  Children's Home Improvement Protection.

Question 2

The fund that measures the state's fiscal health is the

Accepted Answer

A)  selective sales tax fund. 
B)  rainy day contingency fund. 
C)  general revenue fund. 
D)  overall lottery fund. 
A)  selective sales tax fund. 
B)  rainy day contingency fund. 
C)  general revenue fund. 
D)  overall lottery fund.

Question 3

Which of the following classes of corporations has the least business tax burden?

Accepted Answer

A)  Oil companies 
B)  Banking companies 
C)  Insurance companies 
D)  Public utility companies 
A)  Oil companies 
B)  Banking companies 
C)  Insurance companies 
D)  Public utility companies

Question 4

Compared to the rest of the nation, the number of children without health insurance coverage in Texasis

Accepted Answer

A)  among the lowest. 
B)  about average. 
C)  the highest. 
D)  decreasing rapidly. 
A)  among the lowest. 
B)  about average. 
C)  the highest. 
D)  decreasing rapidly.

Question 5

Which group of Texans pays the most in taxes proportional to their income?

Accepted Answer

A)  Middle class 
B)  Wealthiest 20 percent 
C)  Purchasers of luxury cars 
D)  Poorest 20 percent 
A)  Middle class 
B)  Wealthiest 20 percent 
C)  Purchasers of luxury cars 
D)  Poorest 20 percent

Question 6

After the legislature approves a biennial budget, the governor cannot sign it until

Accepted Answer

A)  the attorney general issues an opinion that all expenditures are permitted by the Texas Constitution. 
B)  the lieutenant governor and the Speaker of the House vote to approve it. 
C)  the Legislative Budget Board certifies that proper procedures were followed in approving the budget. 
D)  the comptroller certifies the state will collect sufficient revenue to cover the expenditures. 
A)  the attorney general issues an opinion that all expenditures are permitted by the Texas Constitution. 
B)  the lieutenant governor and the Speaker of the House vote to approve it. 
C)  the Legislative Budget Board certifies that proper procedures were followed in approving the budget. 
D)  the comptroller certifies the state will collect sufficient revenue to cover the expenditures.

Question 7

The Texas state tax mandated on the revenue of many businesses is the

Accepted Answer

A)  state income tax. 
B)  general sales tax. 
C)  franchise tax. 
D)  severance tax. 
A)  state income tax. 
B)  general sales tax. 
C)  franchise tax. 
D)  severance tax.

Question 8

Describe the system of public assistance in Texas, particularly as it applies to health care. Should the state of Texas make Health and Human Services for children more of a priority? Why or why not?

Accepted Answer

The system of public assistance in Texas

Question 9

Texas has one of the most __________ state tax systems in the United States.

Accepted Answer

A)  regressive 
B)  progressive 
C)  responsible 
D)  expensive 
A)  regressive 
B)  progressive 
C)  responsible 
D)  expensive

Question 10

Describe the legal mechanisms in place to keep the Texas budget balanced.

Accepted Answer

The Texas budget is kept balanced throug

Question 11

Approximately what percentage of state expenditures goes to Health and Human Services funding?

Accepted Answer

A)  15-20 percent 
B)  25-30 percent 
C)  35-40 percent 
D)  45-50 percent 
A)  15-20 percent 
B)  25-30 percent 
C)  35-40 percent 
D)  45-50 percent

Question 12

So-called "sin taxes" are levies placed on

Accepted Answer

A)  alcohol, mixed drinks, and tobacco. 
B)  food, clothing, and drinks. 
C)  hotel and restaurant revenues. 
D)  hunting and fishing activities. 
A)  alcohol, mixed drinks, and tobacco. 
B)  food, clothing, and drinks. 
C)  hotel and restaurant revenues. 
D)  hunting and fishing activities.

Question 13

Regarding fiscal policy, the Texas Constitution requires that the

Accepted Answer

A)  legislature draft and pass an annual budget. 
B)  state's expenditures should be within 10 percent of projected state revenues. 
C)  state's spending should be in balance with projected state revenues. 
D)  governor certify that state spending is in balance with state revenues. 
A)  legislature draft and pass an annual budget. 
B)  state's expenditures should be within 10 percent of projected state revenues. 
C)  state's spending should be in balance with projected state revenues. 
D)  governor certify that state spending is in balance with state revenues.

Question 14

Grants-in-aid are defined as

Accepted Answer

A)  money from the federal government to the state. 
B)  state matching of federal funds. 
C)  money from private foundations to the state. 
D)  federal money to states based on income tax ratios. 
A)  money from the federal government to the state. 
B)  state matching of federal funds. 
C)  money from private foundations to the state. 
D)  federal money to states based on income tax ratios.

Question 15

Explain the role of the Legislative Budget Board.

Accepted Answer

The Legislative Budget Board (LBB) is a

Question 16

Which factor will increase the state's outcomes-based funding to a community college?

Accepted Answer

A)  An increase in enrollment 
B)  A decrease in tuition rates 
C)  An increase in the number of low-income students enrolled 
D)  An increase in the number of students successfully completing courses 
A)  An increase in enrollment 
B)  A decrease in tuition rates 
C)  An increase in the number of low-income students enrolled 
D)  An increase in the number of students successfully completing courses

Question 17

Most taxes in Texas are administered by the

Accepted Answer

A)  commissioner of insurance. 
B)  comptroller of public accounts. 
C)  secretary of the Treasury. 
D)  county tax assessor-collector. 
A)  commissioner of insurance. 
B)  comptroller of public accounts. 
C)  secretary of the Treasury. 
D)  county tax assessor-collector.

Question 18

The fund available to the Texas legislature for general appropriations purposes is called the

Accepted Answer

A)  "rainy day" fund. 
B)  general obligation fund. 
C)  general revenue fund. 
D)  sales tax revenue fund. 
A)  "rainy day" fund. 
B)  general obligation fund. 
C)  general revenue fund. 
D)  sales tax revenue fund.

Question 19

Taxes that are a greater burden on lower incomes and less so on higher incomes are known as

Accepted Answer

A)  flat taxes. 
B)  progressive taxes. 
C)  regressive taxes. 
D)  nominal taxes. 
A)  flat taxes. 
B)  progressive taxes. 
C)  regressive taxes. 
D)  nominal taxes.

Question 20

Government decisions regarding revenues, expenditures, and borrowing are referred to as

Accepted Answer

A)  monetary policy. 
B)  foreign policy. 
C)  banking policy. 
D)  fiscal policy. 
A)  monetary policy. 
B)  foreign policy. 
C)  banking policy. 
D)  fiscal policy.

The program acronym CHIP stands for

The fund that measures the state's fiscal health is the

Which of the following classes of corporations has the least business tax burden?

Compared to the rest of the nation, the number of children without health insurance coverage in Texasis

Which group of Texans pays the most in taxes proportional to their income?

After the legislature approves a biennial budget, the governor cannot sign it until

The Texas state tax mandated on the revenue of many businesses is the

Describe the system of public assistance in Texas, particularly as it applies to health care. Should the state of Texas make Health and Human Services for children more of a priority? Why or why not?

Texas has one of the most __________ state tax systems in the United States.

Describe the legal mechanisms in place to keep the Texas budget balanced.

Approximately what percentage of state expenditures goes to Health and Human Services funding?

So-called "sin taxes" are levies placed on

Regarding fiscal policy, the Texas Constitution requires that the

Grants-in-aid are defined as

Explain the role of the Legislative Budget Board.

Which factor will increase the state's outcomes-based funding to a community college?

Most taxes in Texas are administered by the

The fund available to the Texas legislature for general appropriations purposes is called the

Taxes that are a greater burden on lower incomes and less so on higher incomes are known as

Government decisions regarding revenues, expenditures, and borrowing are referred to as

The Environment of Texas Politics

Federalism and the Texas Constitution

Local Governments

Political Parties

Campaigns and Elections

The Media and Politics in Texas

The Politics of Interest Groups

The Legislative Branch

The Executive Branch

Public Policy and Administration

The Judicial Branch

The Criminal Justice System

Filters

Exam 13: Finance and Fiscal Policy

The program acronym CHIP stands for

The fund that measures the state's fiscal health is the

Which of the following classes of corporations has the least business tax burden?

Compared to the rest of the nation, the number of children without health insurance coverage in Texasis

Which group of Texans pays the most in taxes proportional to their income?

After the legislature approves a biennial budget, the governor cannot sign it until

The Texas state tax mandated on the revenue of many businesses is the

Describe the system of public assistance in Texas, particularly as it applies to health care. Should the state of Texas make Health and Human Services for children more of a priority? Why or why not?

Texas has one of the most __________ state tax systems in the United States.

Describe the legal mechanisms in place to keep the Texas budget balanced.

Approximately what percentage of state expenditures goes to Health and Human Services funding?

So-called "sin taxes" are levies placed on

Regarding fiscal policy, the Texas Constitution requires that the

Grants-in-aid are defined as

Explain the role of the Legislative Budget Board.

Which factor will increase the state's outcomes-based funding to a community college?

Most taxes in Texas are administered by the

The fund available to the Texas legislature for general appropriations purposes is called the

Taxes that are a greater burden on lower incomes and less so on higher incomes are known as

Government decisions regarding revenues, expenditures, and borrowing are referred to as

The Environment of Texas Politics

Federalism and the Texas Constitution

Local Governments

Political Parties

Campaigns and Elections

The Media and Politics in Texas

The Politics of Interest Groups

The Legislative Branch

The Executive Branch

Public Policy and Administration

The Judicial Branch

The Criminal Justice System

Filters