Examlex
What does hyperinflation refer to?
Average Tax Rate
The average tax rate is the portion of total income that is paid as taxes, calculated by dividing the total taxes paid by the total income.
State Tax Revenue
The income that a state government receives from taxation of individuals and businesses within its jurisdiction.
Federal Spending
Federal spending refers to the government's expenditure on goods, services, and public projects, financed by taxes and borrowing.
Federal Government
The national government of a federal country, such as the United States, which shares power with state and local governments.
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