Local Government Units Exist Only as Agents of the State

question 81

Multiple Choice

Local government units exist only as agents of the state and exercise only those powers expressly given to them by their respective state governments.This relationship is known as ________.

• A)Cooley Doctrine
• B)Dillon's Rule
• C)Absolute Priority Rule
• D)Administrative Rule
• E)Administrative-Control Rule

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Definitions:

Microeconomics

The branch of economics that focuses on the actions of individuals and industries, like the dynamics between buyers and sellers, borrowers and lenders.

Free Time

Periods when an individual is not engaged in work and can choose leisure or other personal activities.

Laspeyres Price Index

A measure of price inflation or deflation for a specified set of goods and services, using the quantities of the base year as weights.

Ideal Cost-Of-Living Index

Cost of attaining a given level of utility at current prices relative to the cost of attaining the same utility at base-year prices.