Major type of expenditure at the state level
What is the most important source of revenue and the major type of expenditure at the state level?
Expert
At the state level the most important sources of revenue are sales, excise, and gross receipts taxes, followed by personal income taxes. The main expenditures are for public welfare, with education running a very close second.
In output markets, the simple circular flow model, households replace their _________ for _________. Can someone help me in determining the right answer from the given options. (1) Resources | income. (2) Labor | g
Illustrate major economic flows that link U.S. with nations. Provide an example to illustrate each flow. Explain the relationship between the top and bottom flows.
Briefly describe the meaning of Modigliani- Miller (M and M) approach?
Can you explain how different government policies with respect to the recycling of aluminum and paper might account for these different market outcomes?
If banana divides are $2, CD disks are $10, and SCUBA vacations are $360, then what is the relative cost of a SCUBA vacation in phrases of a CD disk: (i) 36 disks. (ii) 360 disks. (iii) 180 disks. (iv) 20 disks. (v) 3,600 disks. Q : What are economic resources What are What are economic resources? What are the major functions of the entrepreneur?
What are economic resources? What are the major functions of the entrepreneur?
A perfectly competitive industry achieves allocative efficiency since: w) goods and services are produced at the lowest possible cost. x) services and goods are produced up to the point where the last unit gives a marginal benefit to consumers equivalent to the margin
Explain how the Circular Flow Model for a Market-Oriented System?
What do you mean by Supply?
What is the most important source of revenue and the major type of expenditure at the local level?
18,76,764
1935984 Asked
3,689
Active Tutors
1416585
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!