The Federal Government's Largest Source of Revenue in 2011 Was

question 8

Multiple Choice

The federal government's largest source of revenue in 2011 was:

• A) Medicare taxes
• B) social security taxes
• C) personal income taxes
• D) corporate income taxes
• E) natural resource extraction royalties

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Definitions:

Collective Action Problem

A situation where individuals in a group fail to achieve a common or collective goal because they prioritize their personal interests.

Logrolling Behavior

A practice in politics where individuals or parties exchange favors for mutual benefit, often seen in legislative voting processes.

Inefficient Policies

Government or organizational policies that do not achieve the intended outcomes effectively or result in wasteful use of resources.

Political Victories

Achievements in the political arena, such as winning elections or successfully passing legislation.