Exam 10: People and Money in State and Local Governments

More than half of the total money collected by state and local governments through taxes, federal grants, and other sources is spent on the functions of ________.

________ refers to a general tax on commercial transactions, sometimes exempting food and medicine.

Which of the following statements about grants is true?

Describe the privatization of public services.

States and localities are where and how most government services in the United States are delivered.

State and local governments in America get most of their money from taxes.

Which of the following economic activities is difficult to tax due to the emergence of services, intangible property, and business activities without clear geographic locations?

Which of the following statements is true of legalized gambling?

Twenty-six American states allow labor unions to engage in collecting dues automatically from employees' paychecks, as allowed by the federal ________ Act of 1947.

Identify the American state that gave managers great control over employee hiring and firing by adopting personnel system reforms.

State individual income taxes are usually based on ________ taxable income that refers to income from all sources minus personal exemptions and itemized deductions, if any.

Contracting of government services to private firms is referred to as ________.

Which of the following statements is true of individual income taxes?

________ are financial instruments issued by state and local governments and bought by investors.

Define progressive tax and severance tax.

What are grants? Identify a few major areas of federal assistance.

What is outsourcing? List two advantages of outsourcing.

State and local governments spend the least amount of money on ________.

Which of the following is true of sales tax?

Governor Rick Snyder signed a legislation doing away with the automatic collection of union dues for all workers into law, making ________ the twenty-fourth right-to-work state in the U.S.