Why is some state and local spending paid for by grants in aid from the Federal government

Question:

Why is some state and local spending paid for by grants in aid from the Federal government instead of entirely through taxes levied by states and localities on residents? What are the advantages and disadvantages of a system of grants in aid?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Macroeconomics

ISBN: 9780137876037

11th Edition

Authors: Andrew B Abel

See More Books

Question Posted: Apr 02, 2024 07:00 AM

See More Questions

Start of Payroll Project 7-3a October 9, 20-- No. 1 The first payroll in October covered the two workweeks that ended on September 26 and October 3. This payroll transaction has been entered for you...
Medical services are expensive. There is no getting around it. The average family health insurance premium in the US is approaching $20,000. By one estimate, average family premiums could rise to 100...
Why is some provincial government spending paid for by transfers from the federal government, instead of having every provincial government pay for its own spending by levying taxes on its residents?...
After assembly, a finished TV is left turned on for one full day (24 h) to determine whether the product is reliable. On average, two TVs break down each day. Yesterday 500 TVs were produced. What is...
The auditors of Cohen Logistics encountered the following situations while adjusting and closing the books at February 28. Consider each situation independently. a. The company bookkeeper made the...
Return to the Blending Department for The Shannon Paint Company in E5- 39B. Requirements 1. Present the journal entry to record the use of direct materials and direct labor and the allocation of...
The classic Goodyear blimp is essentially a helium balloon a big one, containing 5700 m 3 of helium. If the envelope and gondola have a total mass of 4300 kg, what is the maximum cargo load when the...
The following data apply to Hill's Hiking Equipment: Value of operations ........ $20,000 Short-term investments ...... $ 1,000 Debt ................ $ 6,000 Number of Shares........ 300 The company...
In the context of cross-border data transfers, what legal and regulatory considerations must be taken into account when planning and executing a data migration initiative, particularly in...
a. Use the fact that the nominal deficit equals the nominal primary deficit plus nominal interest payments on government debt to rewrite Equation (15.4) showing the change in the debt-GDP ratio as a...
In this problem you are asked to analyze the question: By issuing new bonds and using the proceeds to pay the principal and interest on its old bonds, can government avoid ever repaying its debts? a....
To counter the slowing rate of economic growth, liberal economists would recommend a. Taxation and spending policies that decrease aggregate demand. b. Taxation and spending policies that increase...
Add animation to Program 8.1, such that either the objects or the light (or both) move around on their ownsuch as one revolving around the other. The shadow effects will be more pronounced if you add...
Modify Program 2.6 so that it calculates the amount of movement for the triangle based on elapsed time, rather than a constant amount as it is currently implemented. One approach for this is to get...
Examine the difficulty of adding a proposed swap rs, rt instruction to MIPS. Interpretation: Reg[rt] = Reg[rs]; Reg[rs] = Reg[rt] 1. Which new functional blocks (if any) do we need for this...
Estimate the thermal conductivity of a gas mixture containing 40 mol% ammonia and 60 mol% N2 at 400 K and 1 atm absolute pressure.
Estimate the thermal conductivity of CO2 at 365 K and 1 atm absolute pressure. Then use this value to find the thermal conductivity at 365 K and 200 atm absolute pressure.
Refrigerant-12 is contained in a piston/cylinder arrangement at 2 MPa, 150C with a mass less piston against the stops, at which point V = 0.5 m3. The side above the piston is connected by an open...
A parking lot charges $3 for the first hour (or part of an hour) and $2 for each succeeding hour (or part), up to a daily maximum of $10. (a) Sketch a graph of the cost of parking at this lot as a...
A US electronics firm is considering moving its production to a plant in Mexico. Its estimated production function is q = 10L0.32K0.56. In the US, the wage rate and the rental cost of capital are...
Research how your chosen leader did or did not follow best practices and initiatives for achieving cultural diversity in the organization. For example, did the executive board contain any minorities?...
The Tillamook Dairy Cooperative makes cheddar cheese and the market structure of the cheddar cheese industry is monopolistic competition. Suppose that currently each cheese making firm incurs a loss....

Why is some state and local spending paid for by grants in aid from the Federal government

Question:

Step by Step Answer:

Macroeconomics

Students also viewed these Business questions