States Compete with One Another Because Economic Development Is the Key

question 53

Multiple Choice

States compete with one another because economic development is the key to increasing the ________ that funds government services.

• A)voter lists
• B)population
• C)tax base
• D)tax incentives
• E)number of companies within their borders

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Definitions:

Cash Disbursements

The outflow of cash for expenses, purchases, or investments by a company during a given period.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including direct materials and labor.

Merchandise Inventories

The total value of a company's goods that are ready for sale but have not been sold yet.

Cash Disbursements

Payments made by a business in cash, covering expenses such as operating costs and purchase of assets.