Which of the following was not cited by the authors as a reason for the ups and downs of the Texas economy and budget?
A) over-production of oil and the resulting drop in prices
B) decreased federal aid over the past twenty-five years
C) a drop in the state's income tax
D) serious cycles of inflation
Correct Answer:
Verified
Q31: Texas ranks in the upper quarter of
Q32: The percentage of the state's budget spent
Q33: Since 1990, after adjusting for inflation and
Q34: The Texas economy was initially based on:
A)
Q35: The tax system of Texas cannot readily
Q37: Almost one-half of the state's revenue comes
Q38: The official charged with the collection of
Q39: Which of the following sources of revenue
Q40: The largest single non-tax revenue source for
Q41: Before the state of Texas can borrow
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