公共部门经济学双语复习题及答案.ppt

Review Questions of the Textbook Chapter 1 Individuals and Government True/False Questions 1. On average, persons in the United States devote more of their annual budgets to taxes than they do to food. T 2. The total share of GDP accounted for by government spending in the United States has declined significantly since 1980. F 3. Since 1930, the percent of GDP devoted to government expenditures has nearly tripled. T 4. Government consumption does not require resources to be reallocated from private to government use. F 5. Transfer payments, including Social Security and welfare and medical assistance, account for over 40 percent of federal government expenditures.? T 6. Federal grants-in-aid to state and local governments finance about 20 percent of annual spending by these governments.? T 7. State and local governments in the United States spend a bit more than one-third of their budgets on education. T 8. The federal government obtains about half of its revenue annually from retail sales taxes. F Multiple Choice Questions 1. The real cost of government goods and services is: c a. money. b. taxes. c. the private goods and services foregone. d. inflation. 2. Government goods and services are usually: a. not rationed by prices. a b. sold in markets. c. made available to persons according to their willingness and ability to pay. d. financed by revenue obtained from sales. 3. A mixed economy is one in which: b a. there are no markets. b. government activity accounts for a significant proportion of the value of goods and services produced. c. there is no government. d. all goods and services are sold in markets. 4. Transfer payments by the federal government in the United States account for about: d a. 25 percent of federal government expenditures. b. 10 percent of federal government expenditures. c. 40 percent of GDP. d. 40 percent of federal government expenditures. 5. Federal government expenditures in the United States accoun