Microeconomics: Principles, Problems, & Policies, 20th Edition

Published by McGraw-Hill Education
ISBN 10: 0077660811
ISBN 13: 978-0-07766-081-9

Chapter 18 - Public Finance: Expenditures and Taxes - Discussion Questions: 5

Answer

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Work Step by Step

State governments spend most of their money on welfare programs and get most of it from taxes (which type of tax depends on the state). Other things that states spend money on include: taxes, pension programs, and roads.
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