Exam 13: Analyzing Equity and Adequacy of State School Finance

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The state should provide for an adequate level of education and compensate for background variations of each child.

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States with more small school districts tend to have less severe fiscal equalization problems.

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What are the four basic methods for determining the "adequacy" of state school financing? Briefly explain each.

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Commutative allocation of fiscal resources is based on the idea of localism.

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Horizontal and vertical equity are synonymous for the purpose of distribution of state funds.

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Commutative allocation of fiscal resources is based on the idea of localism.

(True/False)
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Horizontal and vertical equity are synonymous for the purpose of distribution of state funds.

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Equitable distribution of a state's fiscal resources requires adequate state funding.

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