Asked by
McKenna Olson
on Nov 26, 2024Verified
Proprietary income refers to
A) revenue flowing to the government from taxes.
B) money borrowed by the government to finance its operations.
C) revenue generated by government-run businesses.
D) transfer payments from the government to the owners of property resources.
Proprietary Income
Income earned from owning a business or holding exclusive rights to a product or service.
Government-run Businesses
Enterprises or corporations that are owned and operated by a government in order to provide goods or services to its citizens.
- Comprehend the different origins of governmental income.
Verified Answer
MC
Learning Objectives
- Comprehend the different origins of governmental income.
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