Question

17. The greater the variation in what consumers wants from government, and the more consumers with similar wants are grouped together, the stronger the case for decentralized provision of government services 18. The provision of public goods is limited to the government sector. 19. In examining a state's budget, and how resources are spent, you will get an accurate assessment by policy priorities by looking at only the expenditure side of the equation. 20 Under the current property tax system in New York, localities are required to reexamine assessment values on an annual basis. 21. The concept of fiscal federalism provides the foundation for the fiscal relationship between the Federal, State and local governments.

True false

Answer 1

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