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The Term "Fiscal Federalism" Refers To

Question 70

Multiple Choice

The term "fiscal federalism" refers to:


A) grants of money from national to state governments.
B) grants of money from state to national governments.
C) taxes by the states on national institutions.
D) taxes by the national government on state institutions.
E) situations in which the federal government spends more money than it takes in from taxes on the states.

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