What is the most important source of revenue and the ma- jor type of expenditure at the Federal level

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Explanation:

The most important source of revenue is the income tax and the major type of expenditure at the Federal level is the pension and income security.

Income tax is the tax that the government of a particular country levies on the personal income of the people in the country. The main reason for taxation is to generate revenue which can be sued by the government to meet its expenses like the payment of pension and income security.

answer: technology

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answer; capital structure decision;