In Addition to Federal Monies, Which Two Other Sources in Recent

question 53

Multiple Choice

In addition to federal monies, which two other sources in recent years have had a major impact on monies flowing into the state budget?

• A) the alcoholic beverage tax and utility tax
• B) the inheritance tax and hotel tax
• C) the cigarette and tobacco taxes and motor fuel tax
• D) the state lottery and the settlement the state reached with tobacco companies

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Definitions:

Interstate Commerce

The buying, selling, or moving of products, services, or money across state borders, regulated by the federal government.

Stock Options

Financial derivatives allowing the holder to buy or sell specific shares at a predetermined price within a set time frame.

Customary Type

Practices or items that are traditional or expected within a certain context or society.

Dividend

A portion of a company's earnings distributed to its shareholders, usually in the form of cash or additional stock.