A United States Intergovmt revenue From Federal govmt From State govmt From Local govmt Texas Intergovmt revenue From Federal govmt From State govmt From Local govmt B State & local govmt 711,477,275 711,477,275 State & local govmt 0 45,874,167 45,874,167 0 0 State & local govmt CV State & local govmt CV 0 0 0 0 0 0 0 0 State govmt 659,496,393 642,762,394 0 16,733,999 State govmt 44,680,120 41,962,867 0 2,717,253 E Local govmt 604,662,735 68,714,881 535,947,854 Local govmt 36,151,532 3,911,300 32,240,232 0 F Local govmt CV Local govmt CV 0 OOO 0 0 O 0 OOOO 0 0

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter18: Public Economy
Section: Chapter Questions
Problem 21CTQ: How is it possible to bear a cost without realizing it? What are some examples of policies that...
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What is the significance of these two tables? Can you explain to me what these numbers mean in relation to one another, and why they might be important? Thank you! 

 
United States
Intergovmt revenue
From Federal govmt
From State govmt
From Local govmt
Texas
Intergovmt revenue
From Federal govmt
From State govmt
From Local govmt
B
State & local govmt
711,477,275
711,477,275
0
0
State & local govmt CV
State & local govmt ✓ State & local govmt CV
45,874,167
45,874,167
0
0
0
0
0
0
State govmt
0
659,496,393
642,762,394
✓ State govmt
0
0
0
16,733,999
44,680,120
41,962,867
0
2,717,253
E
Local govmt
F
✓Local govmt CV
604,662,735
68,714,881
535,947,854
Local govmt
0
36,151,532
3,911,300
32,240,232
0
Local govmt CV
0
O
OOO
Transcribed Image Text:United States Intergovmt revenue From Federal govmt From State govmt From Local govmt Texas Intergovmt revenue From Federal govmt From State govmt From Local govmt B State & local govmt 711,477,275 711,477,275 0 0 State & local govmt CV State & local govmt ✓ State & local govmt CV 45,874,167 45,874,167 0 0 0 0 0 0 State govmt 0 659,496,393 642,762,394 ✓ State govmt 0 0 0 16,733,999 44,680,120 41,962,867 0 2,717,253 E Local govmt F ✓Local govmt CV 604,662,735 68,714,881 535,947,854 Local govmt 0 36,151,532 3,911,300 32,240,232 0 Local govmt CV 0 O OOO
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