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Fiscal federalism 1) (5 points) State about whether each activity should be under the control of the central or local government, and explain the reason

Fiscal federalism

1) (5 points) State about whether each activity should be under the control of the central or local government, and explain the reason simply.

  1. Higher education
  2. Elementary schools
  3. Corporate income tax
  4. Minimum wage regulation
  5. Social security

2) (4 points) We see huge inequality on primary education across regions. How can we reduce the inequality? Using grants or offering free good quality teachers to the poor areas? If giving grants, unconditional grants or conditional grants, which one is better?

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