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What Is a Fiscal Gap

Question 44

Multiple Choice

What is a fiscal gap?


A) Provinces' legislative responsibilities prove to be much less extensive and expensive than anticipated.
B) The difference in cost between what the federal government wants provinces to spend and what the provinces are capable of spending on a policy area.
C) The difference in cost between what the provinces want the federal government to give them in federal transfers and what the federal government is willing to give them to spend on a policy area.
D) Provinces' health care responsibilities prove to be much more extensive and expensive than anticipated.
E) Provinces' legislative responsibilities prove to be much more extensive and expensive than anticipated.

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