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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In Wealth of Nations by Adam Smith, opined that the productivity of labor based primarily on: (w) workers’ education. (x) divisions of labor. (y) technologically advanced machines. (z) suitable wage rates. Discover Q & A Leading Solution Library Avail More Than 1421479 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1956665 Asked 3,689 Active Tutors 1421479 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
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