Fiscal federalism refers to the
A. fact that both the federal government and the states have the power to tax.
B. expenditure of federal funds on programs run in part through state and local governments.
C. ability of the states to manipulate federal decision making.
D. national banking system first established by Alexander Hamilton in the 1790s.
E. coordinated fiscal policy decisions of the federal government and the states.
Answer: B
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In the 1980 presidential election, many people voted for Ronald Reagan over Jimmy Carter as a vote against Carter's performance. This is an example of a(n)
A. spin vote. B. retrospective vote. C. prospective vote. D. informed vote. E. inclined vote.