Question 1

For Texas, federal funds have historically made up what percent of state revenues?

Accepted Answer

A)  10-15 percent 
B)  30-35 percent 
C)  40-45 percent 
D)  50-55 percent 
A)  10-15 percent 
B)  30-35 percent 
C)  40-45 percent 
D)  50-55 percent

Question 2

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 3

In order for Texas to increase its bond debt, approval must be given by the

Accepted Answer

A)  Texas legislature. 
B)  Texas governor. 
C)  voters of Texas. 
D)  comptroller of public accounts. 
A)  Texas legislature. 
B)  Texas governor. 
C)  voters of Texas. 
D)  comptroller of public accounts.

Question 4

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 5

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 6

A bond whose repayment is guaranteed by the full faith and credit of the state is a

Accepted Answer

A)  revenue bond. 
B)  general obligation bond. 
C)  special assessment bond. 
D)  limited obligation bond. 
A)  revenue bond. 
B)  general obligation bond. 
C)  special assessment bond. 
D)  limited obligation bond.

Question 7

What is the purpose of the Economic Stabilization Fund in Texas? Describe how it was created and is utilized.

Accepted Answer

The purpose of the Economic Stabilizatio

Question 8

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.

Question 9

As a result of a lawsuit filed by the State of Texas over tobacco related illnesses, the American tobacco industry must pay

Accepted Answer

A)  $25 million in damages. 
B)  $18 billion in damages. 
C)  $100 million in damages. 
D)  $233 million in damages. 
A)  $25 million in damages. 
B)  $18 billion in damages. 
C)  $100 million in damages. 
D)  $233 million in damages.

Question 10

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

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 11

Which statement best characterizes the status of Texas highways?

Accepted Answer

A)  Many highways are in disrepair, but there are adequate funds for their repair. 
B)  Large sums of money are currently needed for highway repair and maintenance. 
C)  It probably makes more sense to build new highways than to repair old ones. 
D)  The state has more than adequately maintained its highways since 1984. 
A)  Many highways are in disrepair, but there are adequate funds for their repair. 
B)  Large sums of money are currently needed for highway repair and maintenance. 
C)  It probably makes more sense to build new highways than to repair old ones. 
D)  The state has more than adequately maintained its highways since 1984.

Question 12

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 13

Health and human services funding in Texas is approximately what percent of state expenditures?

Accepted Answer

A)  10-15 percent 
B)  30-35 percent 
C)  40-45 percent 
D)  50-55 percent 
A)  10-15 percent 
B)  30-35 percent 
C)  40-45 percent 
D)  50-55 percent

Question 14

Texas transportation policy has focused on and resulted in

Accepted Answer

A)  an emphasis on mass transit over private motor vehicle use. 
B)  maintenance of existing highways over construction of new highways. 
C)  very little state money being spent in rural areas. 
D)  the construction of highways for use by automobiles, trucks, and buses. 
A)  an emphasis on mass transit over private motor vehicle use. 
B)  maintenance of existing highways over construction of new highways. 
C)  very little state money being spent in rural areas. 
D)  the construction of highways for use by automobiles, trucks, and buses.

For Texas, federal funds have historically made up what percent of state revenues?

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

In order for Texas to increase its bond debt, approval must be given by the

The program acronym CHIP stands for

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

A bond whose repayment is guaranteed by the full faith and credit of the state is a

What is the purpose of the Economic Stabilization Fund in Texas? Describe how it was created and is utilized.

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

As a result of a lawsuit filed by the State of Texas over tobacco related illnesses, the American tobacco industry must pay

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

Which statement best characterizes the status of Texas highways?

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

Health and human services funding in Texas is approximately what percent of state expenditures?

Texas transportation policy has focused on and resulted in

The Environment of Texas Politics

Federalism and the Texas Constitution

Local Governments

Political Parties

Campaigns and Elections

The Politics of Interest Groups

The Legislature

The Executive

Public Policy and Administration

Laws, Courts, and Justice

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Exam 11: Finance and Fiscal Policy

For Texas, federal funds have historically made up what percent of state revenues?

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

In order for Texas to increase its bond debt, approval must be given by the

The program acronym CHIP stands for

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

A bond whose repayment is guaranteed by the full faith and credit of the state is a

What is the purpose of the Economic Stabilization Fund in Texas? Describe how it was created and is utilized.

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

As a result of a lawsuit filed by the State of Texas over tobacco related illnesses, the American tobacco industry must pay

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

Which statement best characterizes the status of Texas highways?

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

Health and human services funding in Texas is approximately what percent of state expenditures?

Texas transportation policy has focused on and resulted in

The Environment of Texas Politics

Federalism and the Texas Constitution

Local Governments

Political Parties

Campaigns and Elections

The Politics of Interest Groups

The Legislature

The Executive

Public Policy and Administration

Laws, Courts, and Justice

Filters