A/An _____ plan enables government to help finance the startup costs of new companies that are having difficulty finding startup funds in the private marketplace.
A. tax abatement
B. venture capital
C. urban enterprise
D. urban renewal
Question -2-A/An _____ plan enables a city to pay off bonds for a development project by reserving the increased property taxes from the project to pay off the bonds issued to start the project.
A. general obligation bond
B. tax increment financing bond
C. industrial development revenue bond
D. urban enterprise zone
Question -3-In part because of concern over the effectiveness of development projects supported by federal tax subsidies, Congress in 1986:
A. put restrictions on the use of IRDBs.
B. expanded the use of CDBGs.
C. eliminated UDAGs.
D. prohibited tax increment financing.
Question -4-A/An _____ uses a city government's tax exempt borrowing status to finance a private company's economic project.
A. tax increment financing bond
B. general obligation bond
C. industrial development revenue bond
D. taxable municipal bond
Question -5-A business climate variable over which a state government has little control is:
A. the proximity of firms to their markets.
B. taxes.
C. unemployment compensation.
D. labor laws.
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