Tuesday, July 14, 2009

A major factor affecting the economy and budget of most states is?

a. teacher certification





b. defense capability





c. degree of urbanization





d. postal service

A major factor affecting the economy and budget of most states is?
A major factor affecting the economy and budget of must states is:





D. Degree of urbanization.
Reply:E. Kids using internet message boards to devalue their own education.
Reply:None of the above.





Its TAXATION - the life blood of the government. The national/state budget largely depends on the revenue generated by the government from taxes imposed on individuals and businesses. The economy is also largely affected by taxation where selling price becomes much higher than the production cost due to the tax that businesses or local economies have to pay to the state/government. Also, investment opportunities are hampered or encouraged depending on the prevailing tax rates and interest rates.


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