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For state and local governments,education accounts for approximately what percentage of spending?
Statutory Mandates
Legal requirements or orders enacted by a legislative body that must be followed by entities or individuals subject to its jurisdiction.
Corporate Business
An organization engaged in commercial, industrial, or professional activities, structured as a corporation providing limited liability to its owners.
Public Corporation
A company whose shares are publicly traded on a stock exchange and are owned by a wide range of investors.
Government
The system or group of people governing an organized community, often a state, and the mechanism through which political authority is exercised.
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