QUESTION 8

1. Outsider or stakeholder involvement occurs predominantly during the ______________part of the budget cycle.

   	a.	preparation
   	b.	submission/approval
   	c.	implementation
   	d.	audit and evaluation
   	e.	b and d

   QUESTION 9

2. When the federal government seeks to stimulate economic growth by increasing government spending and/or cutting taxes, the government is practicing

   	a.	Fiscal policy
   	b.	Monetary policy
   	c.	Recessionary budget making
   	d.	Political grandstanding
   	e.	None of the above

3. QUESTION 1

4. In the state budgeting process, local assistance refers to

5. 	a.	the technical assistance that states lend to local units of government (e.g. counties and cities) in helping them prepare their budgets.
   	b.	money provided by local units of government to the state.
   	c.	state payments to local units of government to meet costs that otherwise would have to be borne by the local jurisdictions.
   	d.	the fact that local units of government were created by the states and therefore need to assist the state in achieving its policy goals.
   	e.	None of the above