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2. For a public entity to raise money to pay for providing public goods, they can use either (or both) of two types of income

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2. For a public entity to raise money to pay for providing public goods, they can use either (or both) of two types of income tax. Name the two types and give brief descriptions of them . . . 2 POINTS Page 2 of 3 ECON 101 Principles of Microeconomics Dominican University Lawrence Morgan There are also two types of taxes on purchases or transactions. Name the two types and give brief descriptions of them. 2 POINTS a b

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