Fiscal Equalization Refers to the Fact That

Fiscal equalization refers to the fact that:

A) the national government distributes grants to subnational governments to equalize differences in wealth.
B) subnational governments raise money from their citizens,and varying portions of those proceeds are taxed by the national government.
C) collectively,spending by subnational governments is equal to spending by the national government.
D) collectively,subnational governments collect taxes equal to those collected by the national government.