The Constitution sets forth specific powers that can be exercised by the national government and provides that the national government has the implied power to undertake actions necessary to carry its expressly designated powers under the Tenth Amendment, all other powers are expressly reserved to <u>the states</u>.
<u>Option: B</u>
<u>Explanation:</u>
The given points are showcasing the federal power, which act as rights within a federal government structure that are totally or conditionally excluded from the operation of each representative political entity. That is, either a local political entity can never practice such powers, or can do so only with the federal government's permission.
The United States' 10th Amendment Constitution interprets that the powers not granted by the Constitution to the United States, nor forbidden by it to the States, are secured for the States, or the individual, accordingly. This Amendment was adopted in 1791, incorporates Federalism's basic values in a parliamentary system of Government.
What happens when the supply of a nonperishable good is greater than the consumer wants to buy?
Excess supply>remains unsold, eventually price drops
Answer:
Option (c) is correct.
Explanation:
Macroeconomics refers to the study of the behavior and performance of the economy as a whole. Macro economics takes into account the effect interest rates and a country's productivity.
If mainly focuses on the gross domestic product of a nation, unemployment, inflation, growth rate, etc.
Its main aim is to highlight the issues that are affecting the country's economy, individuals and companies.
Components under macro economics:
(1) Aggregate supply
(2) Aggregate demand
(3) Government spending
(4) Inflation
Answer:
Sally is guilty of insider trading violation which she has done by tipping the information to Alice.
Explanation:
Sally has committed an unlawful practice by giving away inside information to a friend named Alice. The inside (confidential) information is used to get tipped off, or it can be used to tip off someone else which leads to further unlawful practices which in this case is ‘Check Kitting’, and it is a type of theft and larceny which is used to get the advantage of non-existing funds.
Answer:
Accounting principle of Revenue recognition
Explanation:
The revenue principle is a principle that states that revenue is recognized as soon as goods are passed to the customer in exchange for valuable consideration and not necessarily when cash is received.
The revenue recognition concept requires that revenues are recognized on the income statement in the period when realized and earned and not when cash is received.
