Correspondence principle


Correspondence principle means:

A. That the jurisdiction extent of a government making decisions about an activity should match the geographic extent of benefits spillover from that activity.

B. That you should write your parents if you expect them to send you money.

C. That legislators spending state money ought to raise that money from current taxes.

D. That new public debt will burden future economic activity in an amount exactly equal to its current cost.

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Financial Management: Correspondence principle
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