Asked by Cynthia Tyler on Jun 30, 2024

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Revenues flowing to the government from government-run or government-sponsored businesses, such as public utilities and state lotteries, are known as

A) proprietary income.
B) transfer payments.
C) tax revenue.
D) subsidies.

Proprietary Income

Income generated from the ownership of proprietary technology, information, or processes that gives a firm a competitive advantage.

Government-sponsored Businesses

Enterprises that are initiated and sometimes funded by the government but are operated under private ownership or public-private partnership.

Public Utilities

Essential services provided by both government and private sectors including water, electricity, and transportation.

  • Understand the various sources of government revenue.
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Logan AdkinsJul 05, 2024
Final Answer :
A
Explanation :
Proprietary income refers to the revenues that a government earns from its own business activities, such as the operation of public utilities or state lotteries. These are considered business-like activities where the government is providing goods or services for a fee.