State and Local Governments Rely on ________ as Their Primary

question 58

Multiple Choice

State and local governments rely on ________ as their primary source of tax receipts.

• A)personal taxes
• B)contributions for social insurance
• C)indirect business taxes
• D)corporate taxes

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Definitions:

Labour Costs

The total sum of all financial remunerations and benefits given to employees in exchange for their work.

Global Firms

Businesses that operate and have market presence in multiple countries around the world.

General Environment

The economic, legal-political, socio-cultural, technological, and natural environment conditions in which an organization operates.

Organizations

Groups of people who work together in a structured way to achieve a collective goal or set of objectives.