Answer:
false
Explanation:
The Coase theorem states that parties in dispute should seek an optimal solution to their problem regardless of how property rights were initially distributed.
In this case, you need to find an agreement that satisfies both Darnell and Jacques regardless of who initially would have been considered to be right about the argument. Conflicts over rights to use property can be solved when parties settle on the efficient use of inputs. E.g. they could establish hours at which Darnell can listen to rock n' roll, and other hours when he shouldn't. That way both of them can enjoy the music they like and not bother the neighbors.
An optimal solution can always be reached regardless of initial distribution of rights.
Answer:
Since Karen is a minor, she can receive up to $950 in unearned income per year without paying taxes or having to file a tax return.
Since she receives a larger amount $2,500 - $950 = $1,550, she must pay taxes for the extra amount depending on which type of account her parents opened for her.
- Karen's parents probably opened a 529 Education Savings Plan, and if that is the case, she doesn't need to pay any federal taxes.
- If Karen's parents opened her a custodial account, then she will have to pay taxes for the $1,550 above the $950 threshold. Minors are responsible for filing their own taxes or their parents can file taxes for them. If either Karen or her parents pay taxes, they should pay = $1,550 x 10% = $155
<span>The Board of Governors of the Federal Reserve will intervene when its member banks run low on currency and coin. The Federal Reserve or the Fed is the American central bank. It was created in 1913 and its purpose is to implement the US government's monetary policy. The Fed is independent of the US Congress, but Congress is allowed to review the Fed's activities. The Board of Governers consists of seven members who are each appointed by the President of the United States</span>
