Because of their increased fiscal capacity, states are no longer as tied to national monetary or fiscal policy.

Name: Because of their increased fiscal capacity, states are no longer as tied to national monetary or fiscal policy.
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Question

Quizplus · Accepted Answer

States are still influenced by national monetary and fiscal policies, as these policies impact the overall economic environment, interest rates, and federal funding, which in turn affect state economies and budgets.

Because of Their Increased Fiscal Capacity, States Are No Longer