State and local governments receive most of their revenue from
A) sales and excise taxes, revenue from the federal government, and property taxes.
B) individual income taxes, social insurance contributions, and property taxes.
C) corporate income taxes, property taxes, and personal income taxes.
D) property taxes, sales and excise taxes, and Social Security contribution.
A
You might also like to view...
The following is a total-product schedule for a resource. Assume that the quantities of other resources the firm employs remain constant.Units of ResourceTotal Product124242460680792If the product the firm produces sells for a constant $3 per unit, the marginal revenue product of the seventh unit of the resource is
A. $12. B. $13. C. $39. D. $36.
The yield to maturity is ________ than the ________ rate when the bond price is ________ its face value
A) greater; coupon; above B) greater; coupon; below C) greater; perpetuity; above D) less; perpetuity; below
What might an "anti-inflation hawk" do so that good macroeconomic performance is likely to continue under his or her successors as head of the central bank?
What will be an ideal response?
Capital rationing refers to
A) setting a minimum acceptable rate of return for a capital outlay. B) selecting among profitable capital outlays when there are constraints on the funds available. C) determining the maximum price to pay for a capital product. D) None of the above