Approximately how much debt does the state carry in general obligation bonds that need to be repaid over time?
A) $1 billion
B) $45 billion
C) $75 billion
D) $500 billion
Correct Answer:
Verified
Q1: Approximately how large is California's annual general
Q2: Rather than raising taxes currently to pay
Q4: What does Governor Jerry Brown mean by
Q6: The state spends most of its annual
Q7: Voters passed a new law in 2010
Q9: The three major taxes in California that
Q9: On average, how long does it usually
Q10: The state's base sales tax rate is:
A)1.5%
B)3.5%
C)4.5%
D)7.5%
Q15: When expenses exceed revenues,the state has _.
A)bonded
Q22: The large bills that accompany the budget
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