________ are the largest components of state and local government revenue

A) Individual income taxes and corporate income taxes
B) Transfers from federal government and sales taxes
C) Individual income taxes and sales taxes
D) Transfers from federal government and corporate income taxes
E) Corporate income taxes and lottery income


B

Economics

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One of the most serious weaknesses in the Medicare system is that

a. patients are not able to choose their own physicians. b. the definition of an episode of illness is too restrictive. c. it provides poor insurance coverage for unusually long hospital stays. d. patients must pay a deductible every time they enter the hospital. e. Part B is voluntary.

Economics

If steak and potatoes are complements, when the price of steak goes up, the demand curve for potatoes:

A) shifts to the right. B) shifts to the left. C) stays the same. D) shifts to the right and then moves back.

Economics

Figure 15.3 depicts a one-mile stretch of beach with 100 swimmers distributed evenly along the beach. There are two ice cream vendors - 1 and 2 - on the beach selling an identical product. If swimmers prefer to buy ice cream from the nearer vendor, what is the median location?

A. A B. B C. C D. D

Economics

If the MPS is 0.22, the MPC is

A. -0.22. B. 0.66. C. 0.78. D. 1.22.

Economics