Which of the Following Is True of State Revenue and Management

question 3

Multiple Choice

Which of the following is true of state revenue and management systems?

• A)Medicaid provides equal financial support to all states, irrespective of their economic status.
• B)Although states vary in their natural resources, it does not affect their ability to obtain severance taxes.
• C)States do not vary greatly in their fiscal capabilities.
• D)State and local governments vary greatly in their administrative capabilities.
• E)State revenue systems are better at collecting taxes on services than on goods.

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