Explain the importance of statistics in economics.

In a democracy, this is held by the citizens who elect leaders to political office

"people are the greatest resource that a country has". justify.

According to the chart, the power to tax is a concurrent power, meaning a) it belongs to the state government. b) it is a government power that is shared. c) it is less important than the power to borrow money. eliminate d) it is more important than the regulating state trade.