States in Which Region Receive More of Their Revenue from the Federal

question 9

Multiple Choice

States in which region receive more of their revenue from the federal government than do most other states?

• A)the West
• B)the Northeast
• C)the Midwest
• D)the South
• E)the noncontiguous states of Alaska and Hawaii

---

Definitions:

Marginal Product

The rise in production resulting from one more unit of input.

Price of Labor

The compensation workers receive for their contribution to the production process, often synonymous with wage rate.

Economic Profits

The margin by which a firm's total sales exceed its complete set of expenses, both overt and covert.