
Which of the following is NOT true?
A) Although subnational governments were initially successful in deflecting additional spending responsibilities for health, education and infrastructure programs, recent reforms have forced them to adopt a greater share of the financial burden in such areas.
B) An indication of the power of state governments in the Brazilian system can be seen in the fact that the federal government has had to cede shares of new taxes to state governments.
C) The bicameral legislatures of states are often dominated by the supporters of the governor.
D) Most subnational politics are preoccupied with distributing political favors in return for fiscal rewards.
E) The Central Bank intervened in bankrupt state banks and privatized them.
Correct Answer:
Verified
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