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    Microeconomics Study Set 45
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    Exam 20: Public Finance: Expenditures and Taxes
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    Property Taxes Are
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Property Taxes Are

Question 102

Question 102

Multiple Choice

Property taxes are


A) collected primarily at the federal level.
B) the largest source of tax revenue for local governments.
C) the primary source of federal revenue-sharing funds.
D) used primarily by states to finance state welfare programs.

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