Governor Ann Richards Strongly Supported ________ as a New Source

question 50

Multiple Choice

Governor Ann Richards strongly supported ________ as a new source of revenue for state government, an idea that had strong support among Texans.

• A) charging for the registering motor vehicles
• B) the creation of a personal income tax
• C) the implementation of a casino licensing fee
• D) the creation of a state lottery
• E) the creation of a new tariff for trade with Mexico

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Definitions:

Effective Rate of Interest

The real rate of interest earned or paid over a period, considering compounding.

Compounded Options

Compounded options are not a standard financial term, suggesting a mix-up or confusion with terms related to compound interest or options trading. NO.

GICs

In Canada, Guaranteed Investment Certificates represent an investment option guaranteeing a fixed return rate over a certain time frame.

Annually

Happening annually or pertaining to a timeframe of one year.