________ Between Governments, Usually from Higher Levels of Government to Lower

question 20

Multiple Choice

________ between governments, usually from higher levels of government to lower levels, are essential and influential sources of revenue for state and local governments.

• A)Grants
• B)Sales
• C)Taxes
• D)Lotteries
• E)Bonds

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Definitions:

B2C

Business-to-Consumer, a business model where products or services are sold directly from businesses to the end-consumers.

Bits

The smallest unit of data in computing and digital communications, representing a binary value of either 0 or 1.

Binary Language

The language computers use to process data into information, consisting of only the values 0 and 1.

Alphabet

A standardized set of letters or symbols used in written language to represent the phonemes of spoken language.