Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I need help solving these questions: -Which of the following is true regarding state and local governments in the United States? a- State and local

I need help solving these questions:

-Which of the following is true regarding state and local governments in the United States?

a- State and local governments spend similar per-person dollar amounts on education.

b- State and local governments spend similar per-person dollar amounts on health.

c- There is great variety in levels of per-person spending and revenue across states.

d- All states have an income tax.

-Which of the following best describes the substitution effect of a matching grant on educational expenditures?

a-a matching grant allows a community to spend more on all goods.

b- none of these

c- a matching grant makes education relatively cheaper.

d- both of these

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Macroeconomics Principles Applications And Tools

Authors: Arthur O Sullivan, Steven M. Sheffrin, Stephen J. Perez

7th Edition

978-0134089034, 9780134062754, 134089030, 134062752, 978-0132555234

More Books