Current procedures for estimating state and local revenues as a basis for budget planning
A) are unreliable, given the lack of data.
B) are free of error now that highly reliable computers are available.
C) rely on simply extrapolating from past trends.
D) rely more and more on sophisticated econometric models made possible by computer technology.
Correct Answer:
Verified
Q31: The national government contributes about one-quarter of
Q32: Own-source revenues refer to monies derived by
Q33: A regressive tax places a greater burden
Q34: State lotteries are a fairly recent phenomenon
Q35: The general sales tax is a good
Q37: In 2013, Congress passed the Marketplace Fairness
Q38: Financial pressure on a government from factors
Q39: The benefit principle holds that taxes should
Q40: Detroit, Michigan declared bankruptcy in 2013 for
Q41: Many criteria can be used to evaluate
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents