A federal highway grant will provide funds for roads supplied by state and local governments if these governments pay 50 percent of the cost of the roads.This grant is an example of:

Question

Quizplus · Accepted Answer

A matching categorical grant is a type of grant in which the federal government agrees to provide funds for a specific project or program if the recipient government provides a certain percentage of funding as well. In this case, the grant requires state and local governments to pay 50 percent of the cost of the roads in order to receive federal funding, making it a matching categorical grant.

A Federal Highway Grant Will Provide Funds for Roads Supplied