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Question 1.

The federal government and some state governments levy taxes on specific goods such as gasoline, cigarettes, and beer. These are known as

• sales taxes.

• sin taxes.

• specific taxes.

• excise taxes.

Question 2.

In 2016, over 75 percent of the revenue of the U.S. federal government was raised through

• individual income and social insurance taxes.

• property and social insurance taxes.

• sales and corporate income taxes.

• individual income and property taxes.
Source  Download
Microeconomics
Edition: 7th
Authors:
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Answer 1

excise taxes.

Answer 2

individual income and social insurance taxes.
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2 months ago
I appreciate what you did here, answered it correctly Smiling Face with Open Mouth
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