The Two Types of Taxes That Are Most Important to State

question 61

Multiple Choice

The two types of taxes that are most important to state and local governments as sources of revenue are

• A)individual income taxes and corporate income taxes.
• B)sales taxes and individual income taxes.
• C)sales taxes and property taxes.
• D)social insurance taxes and property taxes.

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Definitions:

Equal Variances

A condition in statistical analyses where two or more populations are assumed to have the same variance, important for certain types of tests.

Medications

Substances used to treat or prevent disease and improve health, including drugs prescribed by healthcare professionals.

Studentized Range Statistic

A statistical measure used in significance testing of the difference between the highest and the lowest means in a set, taking into account sample size.

Tukey's Multiple Comparison

A statistical method used to find which means among a set of means differ from the rest after conducting an ANOVA test.