When Thinking About the System of Public Financing Through These

question 7

Multiple Choice

When thinking about the system of public financing through these various budgets and funds, it is important to remember that

• A) personal income taxes are the largest source of funding for the state.
• B) the legislature does not have direct control of most of the money in the state budget.
• C) the legislature has a good amount of flexibility in terms of how money in the different funds can be spent.
• D) federal expenditures are determined by the state legislature.