What Methods Are Available to Raise Revenue by Levels of Governments

question 68

Multiple Choice

What methods are available to raise revenue by levels of governments

• A)All governments, federal, provincial, and local, rely on taxes to raise revenue for public purposes.
• B)Federal and provincial governments use taxes to raise revenue, but local governments use borrowing.
• C)Federal and local governments use taxes to raise revenue, but provincial governments use borrowing.
• D)Provincial and local governments use taxes to raise revenue, but the federal government uses borrowing.