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    Fiscal Federalism

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    The central economic problem of fiscal federalism is:
    a. the division of taxing and expenditure functions among different levels government.
    b. the choice of the collective choice rule for central governments only.
    c. the level of public goods to be provided by a central government only.
    d.how to achieve an equitable distribution of income.

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    This is the definition of fiscal federalism, from Wikipedia (wikipedia cites Oates' paper in ...

    Solution Summary

    Fiscal Federalism economic problems are determined.