GOVT 2306 EXAM 3 2024/2025 COMPLETE STUDY QUESTIONS WITH VERIFIED ANSWERS BEST GRADED TO SCORE | RATED A+
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Course
GOVT 2306
Institution
GOVT 2306
GOVT 2306 EXAM 3 2024/2025 COMPLETE
STUDY QUESTIONS WITH VERIFIED ANSWERS
BEST GRADED TO SCORE | RATED A+
As a result of a lawsuit filed by the state of Texas over tobacco-related illnesses, how much
must the American tobacco industry pay the state? - CORRECT ANSWERS $18 billion in
damages
Wh...
GOVT 2306 EXAM 3 2024/2025 COMPLETE
STUDY QUESTIONS WITH VERIFIED ANSWERS
BEST GRADED TO SCORE | RATED A+
I Wish You the Best in Your Studies and Exam Revision.
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, As a result of a lawsuit filed by the state of Texas over tobacco-related illnesses, how much
must the American tobacco industry pay the state? - CORRECT ANSWERS $18 billion in
damages
What is another name for the state's Economic Stabilization Fund? - CORRECT ANSWERS
rainy day fund
In Texas, which of these provides budget makers with projected revenue levels? -
CORRECT ANSWERS State Comptroller of Public Accounts
Which method of taxation places a greater burden on lower incomes and a lighter burden on
higher incomes? - CORRECT ANSWERS Regressive taxation
Paul won $5 million in the Texas Lottery but failed to claim his prize within 180 days after
the drawing. What will happen to his winnings? - CORRECT ANSWERS They will be used
to fund hospitals for indigent care.
What is the name for a bond whose repayment is guaranteed by the full faith and credit of the
state? - CORRECT ANSWERS General obligaion bond
Which program allows parents to lock in the cost of future tuition and fees at a state
university or college? - CORRECT ANSWERS texas tomorrow funds
Texas state government depends heavily on which type of tax to finance services? -
CORRECT ANSWERS sales tax
In the 2018-2019 biennial budget, approximately what percentage of state expenditures went
to Health and Human Services funding? - CORRECT ANSWERS 35-40 percent
The state of Texas provides unemployment insurance under monies collected from which
source? - CORRECT ANSWERS Payroll Taxes
Most Texans have indicated in numerous polls that they prefer which type of taxation? -
CORRECT ANSWERS Regressive
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