Using the Fiscal Year 2013 Estimates, the Largest Component of State

question 72

Multiple Choice

Using the fiscal year 2013 estimates, the largest component of state and local revenue is the

• A) individual income tax.
• B) corporate income tax.
• C) revenue from the federal government.
• D) sales, excise, and gross receipts taxes.

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Definitions:

Dihydroxylation

A chemical process that introduces two hydroxyl (-OH) groups across a double bond in alkenes, producing diols.

Hydroboration

A chemical reaction that adds boron and hydrogen across the double bond of alkenes to form organoboranes, a helpful intermediate in organic synthesis.

Alkene

Hydrocarbons that contain at least one carbon-carbon double bond, involved in various organic reactions.

Products

Substances resulting from a chemical reaction, found on the right side of the chemical equation.