哈维财政学英文题库 CHA1

Chapter 1 Introduction

Multiple-Choice 1. Public finance

A) is not like public economics.

B) develops principles for understanding the economic role of government. C) only works for local and state governments. D) is all of the above. Ans: b

2. A regulatory budget would

A) provide an accounting of government regulation. B) be difficult to compute.

C) have to be attempted unofficially. D) be all of the above. Ans: d

3. The federal government

A) is the largest taxing entity in the country. B) is only concerned with international issues. C) spends heavily on net interest. D) is all of the above. Ans: a

4. State and local governments receive the largest amount of revenue from A) personal income taxes. B) property taxes. C) sales taxes.

D) loans from other states. E) payroll taxes. Ans: c

5. The federal government gets most of its revenue from A) personal income taxes. B) property taxes. C) sales taxes.

D) loans from states. E) payroll taxes.

Ans: a 6. In a pure market economy, A) there is no role for government.

B) government intervention might be needed.

C) large markets where people meet to buy and sell are required. D) all of the above. Ans: b

7. A government good or service includes

A) bridges.B) parks.C) national defense.D) all of the above.Ans: d 8. Government output is hard to account for because government A) is so large.

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