A Local Government Operates a City Recreation Center with a Pool

question 62

Multiple Choice

A local government operates a city recreation center with a pool and tennis courts. The center is financed through $50 annual membership fees (required for members to use it) . This type of financing is an example of a

• A) head tax.
• B) excise fee.
• C) user charge.
• D) progressive tax.

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Definitions:

False Consensus

A cognitive bias where an individual overestimates the extent to which their beliefs, values, or opinions are shared by others.

Recession

A significant decline in economic activity across the economy, lasting more than a few months, typically visible in real GDP, income, employment, industrial production, and wholesale-retail sales.

Store-Wide Sale

A promotional event where discounts are offered on most or all items within a store.

Superiors

Individuals in higher positions or ranks within an organization, with authority or managerial responsibility over others.