Arizona Constitution Practice Test

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Prepare for the Arizona Constitution Test with flashcards and multiple choice questions. Each question includes hints and explanations to aid comprehension. Get ready for your exam day!

Practice this question and more.

What is the maximum amount the state may incur in debt?

350,000.00
650,000.00
1,500,000.00
2,000,000.00

The correct answer is: 350,000.00

The question regarding the maximum amount the state may incur in debt relates to the provisions laid out in the Arizona Constitution. Specifically, Article IX, Section 5 stipulates that the state shall not incur any debt beyond a set limit without approval from the electorate, and historically, this amount has been established as $350,000. This figure reflects a long-standing fiscal policy aimed at maintaining a balanced budget and preventing excessive state borrowing that could lead to future financial burdens. The emphasis is on encouraging responsible financial management by setting a low maximum debt threshold. The other amounts listed do not align with the constitutional limit set forth. The limits serve as a financial safeguard, ensuring that the state remains accountable to its citizens when considering any debt obligations. Understanding this framework is crucial as it helps in recognizing the importance of fiscal responsibility at the state level.