1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
prisoha [69]
3 years ago
11

Insurance.Susan,a trained nurse,was recently elected to the U.S.Senate.Susan is very concerned about the lack of insurance for m

any children and also working adults who cannot afford the insurance premiums.She proposes legislation that states are taxed sufficiently to provide health insurance coverage to children and that federal funds for state highways are denied to any state that does not also provide insurance coverage for uninsured adults.She also proposed that states with citizens earning higher than average incomes be taxed at a higher rate than other states.Bill,a senator,tells Susan that Congress lacks the authority to tax in this manner because the U.S.Constitution expressly reserves that right to the states.Ellen,another senator,tells Susan that Congress has no authority to link highway funds or any other funds with social welfare objectives.Sam,an administrative assistant,tells Susan that Congress is prohibited from taxing residents of one state at a higher rate than citizens of another state.Which of the following is true regarding Ellen's statement?
A) Ellen is correct.
B) Ellen is correct only if the state is making efforts to put social programs into effect and is not acting unreasonably in refusing to provide needed services.
C) Ellen is partially correct in that Congress has no authority to link highway funds with social services,but any other funds may be linked to social services by executive order.
D) Ellen is partially correct in that Congress has no authority to link highway funds with social services,but other funds may be linked to social services by an act of Congress.
E) Ellen is incorrect.
Business
1 answer:
Serjik [45]3 years ago
7 0

Answer: E. Ellen is incorrect.

Explanation:

From the information provided, we can deduce that Bill is incorrect. This is because the statement made by Bill that "Congress lacks the authority to tax in this manner because the U.S.Constitution expressly reserves that right to the states" is incorrect. It should be noted that the constitution of the United States contains no such reservation.

Also, Ellen is incorrect. This is because the Congress has the authority to link highway funds or any other funds with social welfare objectives.

You might be interested in
The shadow banking system refers to Group of answer choices nonbank financial institutions such as investment banks and hedge fu
madam [21]

Answer: nonbank financial institutions such as investment banks and hedge funds

5 0
3 years ago
Read 2 more answers
_________ are variables that managers must understand since they can significantly affect the overall competitive position of a
Sphinxa [80]

Answer:

The correct answer is letter "C": Strategic Business Units.

Explanation:

Strategic Business Units or SBUs refers to individual departments within an organization that have a vision and mission of its own to help companies have an impact on the overall market segment. They have a competition analysis and marketing campaign aligned with the companies objectives.

7 0
3 years ago
Your bank offers a savings account that pays 3.5% interest, compounded annually. How much will $500 invested today be worth at t
Maksim231197 [3]

Answer:

FV= $1,181.62

Explanation:

Giving the following information:

Your bank offers a savings account that pays 3.5% interest, compounded annually. How much will $500 invested today be worth at the end of 25 years?

We need to use the following formula:

FV= PV*(1+i)^n

FV= 500*(1+0.035)^25

FV= $1,181.62

6 0
3 years ago
M1 is comprised of currency held outside banks + traveler’s checks + __________.
leva [86]
<span>M1 is comprised of currency held outside banks + traveler’s checks + Checkable Deposits
Checkable deposits are a bank account which contain the amount of fund that you could use to write a check. In most cases, as long as the amount is sufficient, there is no restriction or limitation for this account</span>
5 0
3 years ago
Base Electronics buys 5,000 shares of stock in Blue Mission Company for $10 per share on January 2 of the current year. Base own
denpristay [2]

Answer:

December 31

  • Dr Equity Investments account (Blue Mission) 34,000
  • Cr Revenue from Investments account 34,000

Explanation:

Since Base owns 34% of Blue, they should record 34% of Blue's net income = $100,000 x 34% = $34,000

December 31

Dr Equity Investments account (Blue Mission) 34,000

Cr Revenue from Investments account 34,000

Equity investments account is an asset account and it increases, therefore it should be debited.

Revenue from investments is a revenue account and all revenue is credited.

7 0
3 years ago
Other questions:
  • XYZ, Inc., has issued 11 million new shares of stock. An investment bank agrees to underwrite these shares on a best efforts bas
    10·2 answers
  • On December 1, Year 1, Jack’s Snow Removal Company received $6,000 of cash in advance from a customer and promised to provide se
    13·1 answer
  • Gullett Corporation had $26,000 of raw materials on hand on November 1. During the month, the Corporation purchased an additiona
    7·1 answer
  • Manny wants to be involved in a business but is not sure which type of business to join or create. He has capital to invest. He
    9·1 answer
  • ​You've just bought a new flat screen TV for ​$3 comma 000 and the store you bought it from offers to let you finance the entire
    12·1 answer
  • What does Blake mean by calling the lamb a “child”? A child wears soft clothes made from lamb’s wool. A child likes to run all o
    15·2 answers
  • _______ is the dissemination of information to a fairly small, select audience that is defined by its shared values, preferences
    8·1 answer
  • Sally nash has decided she needs a new car. after doing some research, she has settled on a midsized four door sedan. she likes
    10·2 answers
  • The following sequence shows four operations for a computer chip assembly process and the effective capacity of each. Step 1: 50
    12·1 answer
  • Davidson Corporation manufactured 58,500 units during September. The following fixed overhead data relates to September: Actual
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!