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Analysts often rely on shares of a program's budget that goes to administrative costs as a measure for the efficiency of a transfer program.However ____________ are still possible,which can __________a transfer programs efficiency.
Market Interest Rates
The rates of interest charged on loans or paid on deposits, determined by the demand and supply of credit in financial markets.
Municipal Bonds
Debt securities issued by municipalities to fund public projects like schools, highways, and infrastructure developments, offering tax-free interest income to investors.
Corporate Bonds
Debt securities issued by corporations to raise capital, with terms specifying the interest rate, maturity date, and other conditions.
Taxation
The process by which governments finance their expenditure by imposing charges on citizens and corporate entities.
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