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Which of the following is an example of a state's "tax revenue"?

AGovernment grants for education

BIncome from state-owned enterprises

CFines collected for traffic violations

DExcise duty on alcohol

Answer:

D. Excise duty on alcohol

Read Explanation:

  • Tax revenues are the primary source of income for governments and include taxes on income, property, and consumption.

  • Excise duty on alcohol is a tax levied by the state.


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