Fiscal Institutions and Economic Rationale Quiz
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Questions and Answers

True or false: Fiscal institutions and structure are purely products of economic factors

False

True or false: The public sector includes only the national level of government

False

True or false: Different levels of government specialize in particular expenditure functions

True

True or false: Changes in the role of expenditure functions do not affect the distribution of expenditures among levels of government

<p>False</p> Signup and view all the answers

True or false: Different levels of government specialize in the same taxes

<p>False</p> Signup and view all the answers

Are fiscal institutions and structure products of current and historical factors?

<p>True</p> Signup and view all the answers

Is the whole public sector comprised of all levels of government, including national, provincial, municipalities/cities, and barangays?

<p>True</p> Signup and view all the answers

Are expenditures and revenues divided and apportioned among the various levels of government?

<p>True</p> Signup and view all the answers

Does the changing role of various functions bring changes in the distribution of expenditures among levels of government?

<p>True</p> Signup and view all the answers

Do different levels of government specialize in different taxes?

<p>True</p> Signup and view all the answers

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