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4 June, 05:50

Fiscal federalism refers to the expenditure of federal funds on programs run in part through state and local governments.

A. national banking system first established by Alexander Hamilton in the 1790s.

B. ability of the states to manipulate federal decision making.

C. coordinated fiscal policy decisions of the federal government and the states.

D. fact that both the federal government and the states have the power to tax.

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  1. 4 June, 09:05
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    C. coordinated fiscal policy decisions of the federal government and the states.

    Explanation:

    Fiscal federalism refers to shared government revenue and expenditures among the different levels of government.
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