Macro Economy Homework 15.pdf - 604 Award 1.00 point Property taxes are rev 06_21_2018 collected primarily at the Federal level the largest source of

Macro Economy Homework 15.pdf - 604 Award 1.00 point...

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604.Award: 1.00 point1.00 point605.Award: 1.00 point1.00 pointProperty taxes arerev: 06_21_2018collected primarily at the Federal level.the largest source of tax revenue for local governments.the primary source of Federal revenue sharing funds.used primarily by states to finance state welfare programs.ReferencesReferencesMultiple ChoiceMultiple ChoiceLearning Objective:Know the majorcategories of federal,state, and localrevenues andexpenditures.Difficulty: 1 EasyDifficulty: 1 EasySection: PublicFinanceThe tax revenues of local governments are typicallyrev: 06_21_2018more than their expenditures.equal to their expenditures.slightly less than their expenditures.less than one-half of their expenditures.ReferencesReferencesMultiple ChoiceMultiple ChoiceLearning Objective:Know the majorcategories of federal,state, and localrevenues andexpenditures.Difficulty: 1 EasyDifficulty: 1 EasySection: PublicFinance
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606.Award: 1.00 point1.00 point607.Award: 1.00 point1.00 pointMost of the state and local government employees are in what area?
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