A state decides to lower its income tax rate. What is the most likely outcome of
this decision?
А
B
The state will have to increase spending on its programs and services.
The state will have to increase its quantity of unfunded mandates.
The federal government will have to reduce its grants-in-aid to the state.
The citizens of the state will have more money to spend on goods and
services.
с
D
no
Answers: 2
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A state decides to lower its income tax rate. What is the most likely outcome of
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