All categories

3 years ago

What is the major source of revenue for most state governments?

Business

2 answers:

elena-s [515]3 years ago

8 0

B: sales and individual income taxes

Tpy6a [65]3 years ago

7 0

Answer:

A: Sales and individual income taxes.

Explanation:

States collect taxes from individuals and organizations to maintain the state government operation and public services and they are different in each state as the states define their tax system. State governments collect taxes from 3 major sources that are sales, income and property taxes. According to this, the answer is that the major source of revenue for most state governments is sales and individual income taxes.

You might be interested in

At their regular monthly meeting, a group of local brokers agrees that the introduction of "discount brokerages" in their area w

steposvetlana [31]

Answer:

would be considered collusion.

Explanation:

Collusion refers to an illegal agreement between two or more businesses that decide to cooperate together by setting prices or production quotas. This businesses should naturally compete against each other, not team up to charge higher fees. Collusion is illegal because it leads to unfair market advantages because they negatively affect competition.

8 0

3 years ago

When the government deregulates an industry, what does it expect will happen?

Semmy [17]

Please mark me as Brainliest
and please Thank me too!

They expect to not be having to regulating the industry anymore, or concern them selves regarding regulations of the said industry.

3 0

3 years ago

Read 2 more answers

The CFO of company ABC wants to give every employee a 3% raise, but would like a report to confirm if this is possible. Write an

katrin [286]

Answer:

For such a report , the sql query required would be:

SELECT emp_id, curr_salary, curr_salary*1.03 AS inc_salary FROM Employee;

Explanation:

For such a report , the sql query required would be:

SELECT emp_id, curr_salary, curr_salary*1.03 AS inc_salary FROM Employee;

In the above sql query employee id is emp_id , curr_salary is the current salary column. "curr_salary*1.03" is been made because an increment of 3% means salary + salary*3% , that is , salary*1.03.

4 0

3 years ago

FIRST SCENARIO: The economy has taken a turn for the worse. The president believes the government should get the economy moving

Deffense [45]

The proposed response of Adam Smith based on each scenario is given below:

<h3>Scenario 1</h3>

He would say that the pricing system should remain the main determinant of the market and the interference of the government was uncalled for.

<h3>Scenario 2</h3>

He would side with the free market system and be an opponent of the law that frowns on importation.

<h3>Scenario 3</h3>

He would support the suspension of the antitrust laws.

<h3>Scenario 4</h3>

He would believe that markets should not be regulated and the free market system should continue.

<h3>Who is Adam Smith?</h3>

He is the father of modern economics for his work in pioneering ideas such as free trade and the gross domestic product

Hence, we can see that the proposed response of Adam Smith based on each scenario is given above.