35.6k views
1 vote
5. Alaskans benefit from the trans-Alaska pipeline because Alaska's state constitution requires approximately 25% of state revenues associated with the oil industry to be placed into a monetary fund called the Permanent Fund, which ________.

User ASDFGerte
by
5.8k points

1 Answer

6 votes

The question above is incomplete. The complete question is:

Alaskans benefit from the trans-Alaska pipeline because Alaska's state constitution requires approximately 25% of state revenues associated with the oil industry to be placed into a monetary fund called the Permanent Fund, which ________.

A) Is placed into fuel company pocket to reduce environmental damage.

B) Pays for education of native Alaskans through scholarships.

C) Pays yearly dividend to all Alaskan residents.

D) Is dividend equally among the politicians in the state for running their offices.

Answer:

Pays yearly dividend to all Alaskan residents

Step-by-step explanation:

The Alaskan permanent fund was established by the state in the year 1956. Permanent fund is a type of fund in which the money derived from it is given out to individuals or organisations that are active members of the fund.A permanent fund may be employed to assist in a goverment owned project.

The Alaska Permanent Fund is a fund in which it's money is derived from excess revenues which is obtained from the development of Alaska's oil and gas reserves. This fund is managed exclusively by the Alaska Permanent Fund Corporation which is a corporation that is owned by the state.

The Alaska Permanent Fund is a fund that pays an annual dividend to all Alaska residents who meet up with the necessary requirements.

User Em Sta
by
5.1k points