Ecn 441 exam 2 - Study guides, Class notes & Summaries
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ECN 441- Exam 2 Latest Update
- Exam (elaborations) • 9 pages • 2023
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ECN 441- Exam 2 Latest Update...
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ECN 441- Exam 2 Book definitions Rated A+
- Exam (elaborations) • 8 pages • 2023
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optimal fiscal federalism - The question of which activities should take place at which level of government. 
 
intergovernmental grants - Payments from one level of government to another. 
 
fiscal equalization - Policies by which the national government distributes grants to subnational governments in an effort to equalize differences in wealth. 
 
solves the problems of preference revelation and aggregation - Tiebout Formal Model 
 
lump-sum tax - A fixed taxation amount indepe...
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