The debt increases every year that there is a budget deficet
Full question:
Indicate whether the following statements are "True" or "False" regarding the concept of gross income.
a. While the Constitution grants Congress the power to tax income, it does not define the term.
b. The Supreme Court has held that there is no income subject to tax until the taxpayer has recovered the capital invested.
c. Economists measure income (economic income) by first determining the fair market value of the individual's net assets (assets minus liabilities) at the beginning and end of the year (change in net worth).
d. Accounting and tax rules regarding income are the same.
e. The accounting concept of income is founded on the realization principle.
f. Gross income is not limited to cash received.
Answers:
a. True
b. True
c. True
d. False
e. True
f. True
Explanation:
1.The constitution of the United States allows for power to tax income however it doesn't define tax.
2.income is not subject to tax until there is profit from capital invested as ruled by the Supreme Court of the United States
3. Measurement of income in Economics involves applying the concept of fair value to measure income at the beginning and end if the year and notice any changes that may have occurred
4. Accounting and tax rules regarding income are not the same. Accounting however complies with tax rules for accounting purposes.
5.the realization principle involves income earned or losses incurred(not necessarily received in cash or given out)
6.Gross income encompasses all(recognizable) earned income for the period(cash or not)
Answer:
3. Observational learning
Explanation:
Observational learning is a learning process that occurs by observing the behaviour of others.
Here, an individual learns basically from a model.
Model here means higher authority or people we look up to or admire.
The model can be teachers, parents, siblings, etc.
Most learned activities were through observstional learning, example putting On the television.
The correct answer would be C. Joe is using the long term memory. This type of memory is maintained or can be hold for a very long period of time. It is any memory that you remember that happened earlier or a few minutes ago. Short term is known to last only for about 18 to 30 seconds only so it should be the long term memory that is working.
Answer:
The question is not complete has some details are missing. I have however attached a similar question for the differential equation, you can use the same approach for any DE.
Explanation:
Solution of differential equation was aplied to get the particular solution, the details and appropriate steps is as shown in the attachment.
