States receive most of their tax revenues from
A. User charges.
B. Property taxes.
C. State income taxes.
D. Sales taxes.
Answer: D
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The prime engine of growth in market economies is
A) government spending B) consumer spending C) innovation D) private saving
When the Social Security Act was passed by Congress it was initially intended only to provide full-retirement income for citizens
Indicate whether the statement is true or false
In a third-party payer system:
A. total expenditures generally rise. B. quantity demanded generally falls. C. quantity supplied generally falls. D. total expenditures generally fall.
_________________________ was an international monetary system in which the U.S. dollar was valued in gold and other exchange rates were pegged to the dollar.
a. The gold standard b. The flexible exchange rate system c. The Bretton Woods System d. none of the above