Which of the Following Is NOT True Regarding Trends in State

question 43

Multiple Choice

Which of the following is NOT true regarding trends in state and local revenues?

• A)Federal revenues sent to the states play a larger role in state budgets than 60 years ago.
• B)States now collect about twice as much of their overall revenues from income taxes than 60 years ago.
• C)States have not been as reliant on fees and charges to fill out their revenue portfolios since the 1980s.
• D)A much smaller proportion of state revenue is now generated by selective sales taxes on gasoline.

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A condition or situation that puts an individual or group at a less favorable position, potentially affecting their opportunities or performance.

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Market-oriented economic systems where private individuals or businesses own capital goods and the production of goods and services is based on supply and demand.

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