States generally try to build up reserves in good times so they’re prepared for recessions and other fiscal emergencies and can avoid cutting public services during these difficult times. The amount of reserves a state needs depends on the potential volatility of its revenues and economy; states dependent on oil and other natural resources are particularly vulnerable because prices for these resources tend to fluctuate a lot. Sales taxes, which make up a third of state revenues, are rapidly collapsing as restaurants and stores across the country close their doors and lay off their workers. Income taxes, which make up another third of state revenues, also will decline sharply as mass layoffs rapidly push down people’s income and therefore their income taxes. Plus, the steep drop in the stock market means that wealthy people will soon begin reporting massive capital losses on their quarterly tax returns, further reducing state revenue.
Mercury, Venus, Earth, Mars, Jupiter, Saturn, Uranus, and Neptune.
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The Plutocratic dimension of inequality lies in the realm of others conferring or denying one social honor, dignity, and respect.
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- The concept of plutocratic inequality refers to the disparity in the wealth owned by classes that are a part of society.
- The inequality is because often the class that is the wealthiest gets to govern and run the administration.
- The decisions made by such a class mostly fail to favor the other classes than that of theirs.
- Hence, the other classes are deprived of social honor, dignity, and respect.
Explanation:
Panchopachar is five ingredients used for worshiping God, dashopachar is the ten ingredients used for worshiping God and shodashopachar is the 16 ingredients used for worshiping God.
It is usually done by some of the religion especially in Nepal...
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