MCQOPTIONS
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| 1. |
The theory of fiscal federalism assumes – |
| A. | a federal system of government can be efficient and effective in solving problems. |
| B. | a federal government will be able to bring about economic stability allocation of resources. |
| C. | since states and localities are not equal in their income, federalism is helpful. |
| D. | all of the above |
| Answer» E. | |