The major objective of a revenue allocation formula in a country is to
ECONOMICS
JAMB 2003
The major objective of a revenue allocation formula in a country is to
- A. share revenue between the different tiers of government
- B. divert revenue from areas of surplus to areas of need
- C. ensures the financial viability of the country
- D. share revenue between the public and private factors
Correct Answer: A. share revenue between the different tiers of government
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