Elucidate state expenditures and receipts for all states
Elucidate state expenditures and receipts for all states in 1998?
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State expenditures and receipts for all states in 1998 are illustrated below:-
1. State revenues primarily come from sales taxes and secondly from personal income taxes.
2. State spending goes for public welfare, education, highways, and health care.
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Define Direct and inverse relationships?
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