One factor that can have a major impact on state revenues in California is

Question

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The state of the economy heavily influences state revenues in California. Economic downturns often result in decreased revenues as businesses and individuals have less money to spend and pay taxes on. Conversely, during times of economic growth, revenues tend to increase as more money flows into the economy. The other options (the war in Afghanistan, the financial knowledge of the state treasurer, and the line-item veto) are not as directly related to state revenues in California.

One Factor That Can Have a Major Impact on State