Type of expenditure at the local level
What is the most important source of revenue and the major type of expenditure at the local level?
Expert
At the local level the most important source of revenue is, by far, property taxes. Education is by far the most important expenditure.
When, in a perfectly competitive industry, where the market price facing a firm is above its average total cost on the output here marginal revenue equivalents marginal cost, in that
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