Answer:
Without genetic diversity, natural selection cannot occur
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)
<u>Answer:</u>
<em>Using Fiscal policy is the best way to fight the recession of the country.</em>
<u>Explanation:</u>
<em>It involves the acts of government like, increasing the government spending, making the interest rate as low as possible and encouraging the investors.</em>
This tactics of applying the fiscal policy helps the country in increasing the GDP and fight against the recession.
Government should apply monetary policy when the economy of the country is in boom because it may cause inflation.
<em>Privatization and reduction in money supply helps in controlling the inflation.</em>
Answer:
they use satellite data to describe the location of hurricanes center, its past motion, and its maximum wind speed.\
by warning sirens, local television and radio stations, Public Warning Sirens are used in many towns to warn people of for example tornadoes.
to have Higher and more resistant levees and flood walls were constructed throughout the region and design and construction decisions on the levee system
Explanation:
Shamus Khan is a renowned sociologist with research interests on inequality and elites. He comes from an economically privileged immigrant family and attended St. Paul's school in Concord, New hampshire, where he graduated in 1996. Since he had a comfortable background and studied at that same institution, he was already familiar with the setting he would encounter during his reasearch in St. Paul's, which is stated in his book "Privilege
: The Making of an Adolescent Elite at St. Paul's School".
