Answer:
A partnership is a taxable entity for Federal income tax purposes.
Answer:
The correct answer is c. each branch has some power to limit the actions of the others.
Explanation:
The separation of powers or division of powers is a political principle in some forms of government, in which the legislative, executive and judicial powers of the State are exercised by distinct, autonomous and independent organs of government. This is the fundamental quality that characterizes representative and presidential democracy.
Montesquieu argued that “every man who has power is inclined to abuse it; He goes until he finds limits. So that the power cannot be abused, it is necessary that, by the disposition of things, the power stops the power ».3 In this way, the vigilance of the three powers among themselves is entrusted as each one watches, controls and stops the excesses of others to prevent, by their own ambition, that some of them predominate over others. It can be contrasted with the fusion of powers and separation of functions in parliamentary systems, where the executive and the legislature are unified, because the legislature appoints the executive.
Answer:
D ; increase growth
Explanation:
The discount rate is one of the tools that the Federal Reserve uses to direct monetary policy. Banks are subject to minimum reserves requirements. If a bank falls below this minimum, it can borrow from the banks with a surplus, or borrow from the federal reserve. If it borrows from the Fed, the interest rate that applies is the discount rate. The discount rate is always higher than the fed fund rate; hence, banks use it as a last resort.
The discount rate and the fed rate have similar effects on the economy. The Fed uses the discount rate to regulate the money supply in the country. When the growth in slow, the fed will reduce the discount rate. A low discount rate means the cost of borrowing money goes down. The impact is that individuals and businesses will afford to borrow money for consumption and investment.
Increased levels of investments and consumption will mean a higher GDP, which is growth.