Historically, Which of These Has Been the Most Common Form

question 47

Multiple Choice

Historically, which of these has been the most common form of national grant-in-aid to the states?

• A) categorical project grants
• B) matching funds grants
• C) block grants
• D) categorical formula grants
• E) national priority grants

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Definitions:

Geometric Average Return

The average compound return earned per year over a multi-year period.

Dividends

Payments made by a corporation to its shareholder members, representing a portion of the corporate profits.

Capital Gains Yield

The percentage change in the market price of an asset over a period, excluding dividends.

Shares

Shares represent units of ownership interest in a corporation or financial asset, providing a proportionate claim on its assets and profits.