Government Revenue

Question 1

A budget deficit most often occurs when the government

Revolt · Accepted Answer

spends more than it collects.

Question 2

Which is an example of a public service that would require a user fee?

Revolt · Accepted Answer

swimming pools

Question 3

What are the two biggest spending categories in Georgia in 2014? Check all that apply.

Revolt · Accepted Answer

education; health

Question 4

What does a budget include? Check all that apply.

Revolt · Accepted Answer

expected revenue; expected spending; distribution of funds

Question 5

How has technology affected the state funding of K–12 education in recent years?

Revolt · Accepted Answer

Schools need funding for up-to-date technology and facilities.

Question 6

What types of taxes are collected in Georgia? Check all that apply.

Revolt · Accepted Answer

income tax; property tax; sales tax

Question 7

Georgia spends more than half of its education budget on

Revolt · Accepted Answer

K–12 students.

Question 8

What are the primary ways that Georgia raises funds? Check all that apply.

Revolt · Accepted Answer

fees and licenses; outside funding; taxes

Question 9

What is the first step in the budget creation process in Georgia?

Revolt · Accepted Answer

The governor proposes the budget.

Question 10

A budget surplus occurs when

Revolt · Accepted Answer

revenue is greater than spending.

Government Revenue Answers