Multiple Choice
Which of the following statements is correct?
A) National defense and health are the two largest spending categories for the federal government.
B) Welfare programs and highways are the two largest spending categories for state and local governments.
C) Sales taxes and property taxes are the two most important revenue sources for state and local governments.
D) Corporate income taxes are the largest source of revenue for the federal government.
Correct Answer:
Verified
Correct Answer:
Verified
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