Fiscal federalism refers to
a. passing money from one level of government to another.
b. leaving indirect taxes to the states.
c. keeping property taxes low.
d. making all levels of government operate on a "pay as you go" basis.
a
Economics
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If all education in the United States were provided by private, tuition-charging schools,
A) too much education would be consumed. B) too little education would be consumed. C) the efficient level of education would be provided. D) the government would provide both students and schools with vouchers. E) education would no longer have an external benefit.
Economics
Refer to the figure above. Quota rents equal
A) $2000. B) $5000. C) $6000. D) $10000.
Economics