Author Question: One advantage of fiscal federalism is that its decentralized nature _____. a. allows for more ... (Read 72 times)

vinney12 · **on:** Jul 1, 2018

One advantage of fiscal federalism is that its decentralized nature _____.

a. allows for more rigid rules
b. gives voters more choice
c. creates thousands of bureaucracies
d. forces local governments to collude with one another

Question 2

If adverse selection exists in a market,

A) it increases consumer surplus but reduces producer surplus.
B) it reduces consumer and producer surplus.
C) it reduces producer surplus but has no impact on consumer surplus.
D) it increases both consumer and producer surplus.