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
Correct Answer:
Verified
Q15: Which of the following is not an
Q16: Generally, the nature of indirect tax is
Q17: Direct tax are………….. in nature.
A)progressive
B)equitable
C)regressive
D)none of the
Q18: The term incidence of taxation refers to
Q19: Debts which have to be paid at
Q20: Which is / are the advantages of
Q21: Pick out the item which is not
Q22: The term fiscal federalism was introduced by
A)dalton
B)seligman
Q24: An empirical law to the effect of
Q25: Productive debts are utilized for ........
A)transfer payments
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents