Refer to Figure 12-9. At price P3, the firm would produce

Which of the following are sources of revenue for state and local governments?

i. property taxes ii. sales taxes iii. transfers from the federal government A) i, ii and iii B) ii and iii C) i and ii D) i only E) i and iii

This basic pattern emerges in the United States: financial institutions are more heavily regulated

A) the smaller is their typical contributor. B) the larger is their typical contributor. C) the riskier are their assets. D) the larger they are in total asset size.