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Using the Public Finance, I Textbook. Answer, Chapter 5: Q.1, Q.4 1. The share of total government expenditures accounted for by subnational government in France
Using the Public Finance, I Textbook. Answer, Chapter 5: Q.1, Q.4
1. The share of total government expenditures accounted for by subnational government in France was 19.8 percent in 2019 compared to 67.8 percent in Canada that same year. What measure of fiscal decentralization do these statistics relate to and what do they imply about France and Canada's relative degree of decentralization? [LO1]4. Residents of Alberta benefit from typically large natural resource revenues that flow to that province's government. This may allow public service spending to be higher and for tax rates to be lower than would otherwise be the case. If resource revenues provide a fiscal benefit to residents, illustrate-using the aid of a two-region diagram-how this might lead to in-migration and an inefficiently large population in the province. [LO4]
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