Which of the following would be a reasonable component of a state capital budget?
A) The salaries of the state planning agencies, because the impact of their efforts endures for many years.
B) The cost of recurring purchases of motor vehicles.
C) The cost of a new chair in the governor's office.
D) None of the above.

Question

Quizplus · Accepted Answer

State capital budgets typically fund long-term investments in infrastructure and facilities, not recurring expenses or minor purchases like those described in options A, B, and C.

Which of the Following Would Be a Reasonable Component of a State