________ are the largest components of state and local government revenue.
A) Transfers from federal government and corporate income taxes
B) Transfers from federal government and sales taxes
C) Individual income taxes and corporate income taxes
D) Individual income taxes and sales taxes
E) Corporate income taxes and lottery income
Correct Answer:
Verified
Q167: Q168: In the circular flow model, Q169: Households receive transfers from _ and firms Q170: If a product becomes more popular and Q171: U.S.exports of goods and services flow to Q173: A market is defined as Q174: What determines the income flows that households Q175: A circular flow model shows the interrelationship![]()
A) only firms
A) the physical
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