At the state and local levels in the United States, the largest source of tax revenue is
A) grants from the federal government. B) property tax on real estate.
C) sales tax. D) individual income taxes.
C
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Of the items in the following lists, which go from most liquid to least liquid?
A) a house, a six-month certificate of deposit, shares of stock, a checking account B) a checking account, a certificate of deposit, shares of stock, a house C) a checking account, a house, a six-month certificate of deposit, shares of stock D) a six-month certificate of deposit, shares of stock, a house, a checking account
If the world terms of trade equal those of country F, then
A) country H but not country F will gain from trade. B) country H and country F will both gain from trade. C) neither country H nor F will gain from trade. D) only the country whose government subsidizes its exports will gain. E) country F but not country H will gain from trade.