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You observe a dead fish floating in a pond and notice that it has a "furry" growth on and around its body.After consulting your trusty field guide you determine that the "furry" growth is
Assets
Resources owned by an individual or business that have economic value or are expected to provide future benefit.
Liabilities
Financial obligations or debts owed by a company or individual.
Benefits-Received Principle
The concept that individuals should be taxed in proportion to the benefits they receive from government services.
Taxpayer Contributions
Monies paid into a government treasury by individuals or businesses for public use and services.
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