Two of the newest forms of revenue used by governments include which of the followingSelected Answer Lotteries and gambling Correct Answer Lotteries and gambling Question 2 1 out of 1 points Which of the following is a form of taxes collected by governmentsSelected Answer Individual and product sales Correct Answer Individual and product sales Question 3 1 out of 1 points The term used to describe how much it costs to administer a tax and who covers the cost isSelected Answer Efficiency Correct Answer Efficiency Question 4 1 out of 1 points The METR is theSelected Answer Most effective tax rate Correct Answer Most effective tax rate Question 5 1 out of 1 points The largest proportion of taxes collected by state governments comes fromSelected Answer Income taxes Correct Answer Income taxes Question 6 0 out of 1 points If a payroll tax is levied, who collects itSelected Answer Federal government Correct Answer Local governments Question 7 0 out of 1 points One of the largest sources of income in a state isSelected Answer Corporate taxes Correct Answer Sales taxes Question 8 1 out of 1 points Taxes on alcohol, tabacco, and motor fuel are calledSelected Answer Excise taxes Correct