Explanation:
Four ptooireor households to be disproportionately affected by an rise in energy prices, it is essential that those households devote a greater part of their salary on energy goods than richer households. In other words, as income increases, the amount of energy products demanded has to increase less than proportionately. So the CBO must think that the income elasticity of demand for energy products, although positive, is less than 1: energy products are income-inelastic. In fact, this is just what the CBO report says: "lower-income households tend to spend a larger fraction of their income than wealthier households do and energy products account for a bigger share of their spending."
Answer:
Explanation:
State & Local Revenue
Taxes represent the largest single source of revenue for state and local governments. Additional sources of state and local government revenue include intergovernmental transfers from the federal government, or from state to local governments, selective sales taxes, and direct charges for utilities, licenses, or entities such as higher education institutions and insurance trusts. For the 20 years, 1996-2015 state and local governments derived approximately 45 percent of revenues from taxes, 18 percent of revenues from the federal government, and approximately 25 percent from service and utility charges.
State and local governments collect tax revenues from three primary sources: income, sales, and property taxes. Income and sales taxes make up the majority of combined state tax revenue, while property taxes are the largest source of tax revenue for local governments, including school districts. Tax revenues fluctuate in response to changes in economic conditions and tax policies.
For the past 20 years, property taxes have accounted for approximately 31 percent of all state and local government tax revenue, with sales and income taxes each accounting for approximately one-quarter of total revenues. Other levies, which includes selective sales taxes, such as for alcohol and tobacco, and licenses, such as for hunting and motor vehicle operation, account for nearly 18 percent. These percentages may be different for a given year within the period. Property taxes are the most volatile, ranging from 25 percent to nearly 57 percent, and sales taxes are the least volatile, ranging from 21 percent to 35 percent. Income taxes ranged from 21.5 percent to 44 percent.
Research suggest the abner may have a higher likelihood of engaging in minor delinquency than his peers. In addition to social studies, delinquency is most common weekdays after school. The cultivation theory which is media shape adolescent’s interests, motives and beliefs about the world and uses and gratifications approach in which adolescents choose the media to which they are exposed.
Mexico has a supreme power within its territory
Answer:
because of two structural features in American politics: single-member districts and winner-take-all elections.