Which of the following statements is true of educational expenditures in Texas?
a. In the 2014-2015 budget, 37 percent of the state spending was allocated for education.
b. The state's portion of education funding is 70 billion per year.
c. The state appropriates over 30 billion a year for higher education.
d. The total public and higher education expenditures in the state are much lower than the line item totals in the state appropriations bill.
Question 2
Wily Dunston owns a small recreational joint and recently introduced the concept of hologram scratch-off tickets. People buy the tickets for a certain sum of money and scratch off the hologram to check if they have won any prize.
The odds are that they invest more and gain less. Which of the following is best exemplified by this scenario?
a. a lottery
b. a federal grant
c. an amusement tax
d. a sin tax
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An educational institution has total direct labor and material costs of $1964 per student. Its ...