Author Question: Manor High is a public educational institution. Its annual expenditure is 5 million. It receives ... (Read 31 times)

bucstennis@aim.com · **on:** Jul 8, 2018

Manor High is a public educational institution. Its annual expenditure is 5 million. It receives money from an independent state fund fuelled by stock and bond investments and also by the motor fuels tax.

Which of the following state funds is best exemplified in this scenario?
a. the Rainy Day Fund
b. the Property Tax Relief Fund
c. the Permanent School Fund
d. the Permanent University Fund

Question 2

Which statement is true about the Economic Stabilization Fund?

a. The primary source of revenue for this fund is the cigarette tax.
b. It needs two-thirds votes in each house to appropriate fund money during economic emergencies.
c. During economic emergencies, it takes a separate 60 percent vote from both the House and the senate to tap the funds.
d. It primarily funds wildlife parks.