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What is the intergovernmental fiscal system

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Question: There are several ways to understand and objectively evaluate the resource allocation implications of major fiscal public policies. Use the Pareto Optimality, Kaldor-Hicks, Social Welfare Function and Median Voter public finance theories to evaluate several major fiscal policy reforms discussed in the course, including specific programs in the CARES Act, and the American Rescue Plan Act. 9. What is the intergovernmental fiscal system? In the system, what are the strengths and weaknesses of the tools used to implement public policies and ameliorate fiscal imbalances?

Reference no: EM133598850

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