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.
Which of the given describes a situation in which each good or service is produced up to the point where the last unit gives a marginal benefit to consumers equivalent to the marginal cost of producing this? w) productive efficiency.
Describe Quasi-public goods?
Why is it significant that economics is not a laboratory science? What problems may be evolved in deriving and applying economic principles?
Question: Cineplex and AMC are two rival movie theatre chains. They must each decide whether to set an admission price of $10 or set an admission price of $12; of course, the number of movie goers (and thus their r
Economists who viewed economics like a subset of jurisprudence combined: (1) John Stuart Mill. (2) Alfred Marshall. (3) Karl Marx. (4) William Stanley Jevons. (5) Adam Smith. Hey friends please give your opinion fo
Questions: 1: Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month? Explain your choice. Q : Estimate the impact of education on Using a random sample of 670 individuals for the population of people in the workforce in 1976, we want to estimate the impact of education on wages. Let wage denote hourly wage in 1976 U.S. dollars and let educ denote years of schooling. We obtain the following OLS regression line: wage = -0.54
Using a random sample of 670 individuals for the population of people in the workforce in 1976, we want to estimate the impact of education on wages. Let wage denote hourly wage in 1976 U.S. dollars and let educ denote years of schooling. We obtain the following OLS regression line: wage = -0.54
Question: You are given the following data about two firms: FIRM A Quantity 0
Illustrate how receipts come from several sources in Federal Finance?
Illustrate other than price many factors determine the outcome?
18,76,764
1933132 Asked
3,689
Active Tutors
1434019
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!