Demography is the statistical study of populations, especially human beings.
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)
The whole amount of currency need to be the same.
Answer:
<em>true </em><em>syllogism</em><em> </em><em>does </em><em>have </em><em>three </em><em>prepositions.</em>
<em>I </em><em>hope</em><em> this</em><em> helps</em>
Answer:
Phantom unemployment.
Explanation:
Phantom unemployment is a type of unemployment that occurs when there are people who claim to be unemployed in order to get unemployment benefits though they really are not qualified. Supposedly, these people claim to be searching for jobs but realistically, they are not searching for jobs. They do not want to work as they are contented with receiving the benefits provided by the government to the unemployed.
People do this to get money without working by meeting the local requirements for unemployment benefits and other benefits given to those looking for job.
