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FIGURE 2-8
-Refer to Figure 2-8. In order to move from Point B to Point C, what will the economy have to give up?
Tax Levy Revenues
Income received by governments from taxing individuals or entities, often used to fund public services.
Bond Proceeds
The funds received by an issuer from the sale of bonds, typically used for financing long-term investments.
Special Assessment
A charge levied by local governments on property owners for improvements that benefit their properties, such as sidewalks or sewers.
Government-Wide Financial Statements
Comprehensive financial reports that provide an overview of a government's net position and financial activities, differentiating between governmental and business-type activities.
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