Respuesta :
The Obama administration's stamp on federalism has been to emphasize competition among the states or cities for federal funds. A correct answer is option(b).
Federalism is a mixed or compound form of government that divides the powers between a central government and local governments under one political system. The Old Swiss Confederacy's unions of states were where modern federalism was first implemented.
Federal funds, often known as fed funds, are surplus reserves that commercial banks and other financial institutions deposit with regional Federal Reserve banks. These funds can subsequently be lent to other market participants who lack the necessary cash on hand to meet their lending and reserve needs. One of the most significant interest rates in the American economy is the federal funds rate.
To know more about federal funds refer to: https://brainly.com/question/7450303
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The complete question is:
The Obama administration's stamp on federalism has been to emphasize _____ among the states or cities for federal funds.
a. block grants
b. competition
c. equality
d. mandates
