What is one of the main financial challenges faced by Connecticut as mentioned in the first section?
Why a Connecticut Default Might Be on the Horizon

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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Declining population
High unemployment rate
Lack of natural resources
Largest tax amount of debt per person
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the reaction of GE's ex-CFO to the business environment in Connecticut?
He described it as a morgue
He found it vibrant and promising
He was indifferent to the environment
He praised the state's tax policies
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a significant concern for Connecticut's future financial stability?
Increasing tourism
Growing tech industry
Rising pension liabilities
Expanding agricultural sector
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is raising taxes not a viable option for Connecticut according to the third section?
The state has already maximized its tax rates
There is no need for additional revenue
The federal government prohibits it
The population is too small to support higher taxes
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What historical examples are mentioned to suggest that states can recover from financial difficulties?
Florida and Ohio
Nevada and Arizona
Detroit and New York City
California and Texas
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