Author Question: Which of the following is true of general obligation bonds in Texas? a. Both Democrats and ... (Read 58 times)

SAVANNAHHOOPER23

  • Hero Member
  • *****
  • Posts: 542
Which of the following is true of general obligation bonds in Texas?
 
  a. Both Democrats and Republicans have traditionally supported their use.
  b. The Texas Supreme Court ruled that they violated constitutional provisions prohibiting deficit financing.
  c. They can be issued directly through the passage of legislation without public input.
  d. They are typically used to cover short-term gaps between state revenues and expenditures.

Question 2

Which of the following is an accurate statement regarding the Texas state lottery?
 
  a. It has continued to provide sufficient funds for all educational expenditures in the state since its initial adoption.
  b. It was eliminated in 2012 following the creation of a state income tax.
  c. It was first established in 1986 to provide dedicated funds for infrastructure projects like highway improvements.
  d. As early as 1997, it began to fail to generate projected revenues.



jlaineee

  • Sr. Member
  • ****
  • Posts: 380
Answer to Question 1

Answer: a

Answer to Question 2

Answer: d



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

For a complete list of videos, visit our video library