Which of the Following Is Generally the Best Measure of Fiscal

question 11

Multiple Choice

Which of the following is generally the best measure of fiscal capacity for local governments?

• A)Income per capita
• B)Per capita retail sales
• C)Assessed valuation per capita
• D)Per capita expenditure

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Definitions:

Poisson Distribution

A probability distribution that expresses the likelihood of a given number of events occurring in a fixed interval of time or space.

Normal Distribution

A type of continuous probability distribution for a real-valued random variable, characterized by a symmetric bell-shaped curve.

Binomial Distribution

A probability distribution that summarizes the likelihood that a variable will take one of two independent values under a given set of parameters.

Random Variable

A random variable is a variable whose possible values are numerical outcomes of a random phenomenon.