A Federal Grant That Is Given to a School District

question 6

Multiple Choice

A federal grant that is given to a school district that can use those funds freely to address the most important need within the district is an example of which type of grant?

• A)Categorical grant
• B)Block grant
• C)Functional grant
• D)Revenue sharing grant

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Definitions:

Risk Profile

An evaluation of an individual's or organization's willingness to take risks, as well as their financial capacity to bear risk.

Financial Risk

The potential for financial losses due to factors affecting an entire market or security, including market risk, credit risk, and liquidity risk.

Price Fluctuations

Variations in the prices of goods and services over time, which can be influenced by factors like supply and demand, inflation, and market sentiment.

Economic Fundamentals

The core factors that influence the health and direction of an economy, including inflation, unemployment, and gross domestic product (GDP).