Given the Budget Structure and Constitutional Limitations Upon Spending and Taxing

question 54

Multiple Choice

Given the budget structure and constitutional limitations upon spending and taxing, legislators seeking to balance the budget are left with

• A) many choices as to how to balance the budget.
• B) few choices as to how to balance the budget.
• C) only one choice as to how to balance the budget.
• D) no other option than to borrow heavily, thereby increasing state debt.
• E) This issue is not discussed in the text and is therefore of no consequence.

---

Definitions:

Ideals

Standards or models of perfection and excellence that individuals or societies strive to achieve.

Principles

Fundamental truths or propositions that serve as the foundation for a system of belief or behavior or for a chain of reasoning.

Achievement-motivated

Characterizes individuals who are driven by the desire to accomplish significant tasks, solve problems, and achieve high standards of success.

Services

Economic activities offered by one party to another, often involving a form of work done for customers without the production of physical goods.