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2 years ago

Place a checkmark next to each power that belongs to the federal government.

Business

1 answer:

Akimi4 [234]2 years ago

4 0

Answer:

The powers that belong to the federal government are:

1) creating post offices

4) printing money

5) creating a U.S. army

6) making treaties with foreign countries

Explanation:

The federal government and states in the United States have some concurrent powers (including regulating elections, taxation, borrowing money, establishing courts, and regulating commercial activities). There are exclusive powers, which the U.S. Constitution empowered the federal government through Congress to manage. Generally, state governments have the power to regulate all matters within their state boundaries. However, the limitation comes when the states make laws that conflict with the laws of the federal government.

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The economic analysis of minimum wage involves both normative and positive analysis. Consider the following consequences of a mi

ICE Princess25 [194]

Explanation:

First, remember that the difference between normative and positive economic analysis is that;

Normative analysis take a somewhat neutral view by stating how the world should be. While

The Positive analysis states the facts. That is, it describes the world as it is.

Thus, a Normative analysis of the consequence of minimum wage would be the following statements:

c. In some cities such as San Francisco and New York, it would be impossible for low−skilled workers to live comfortably in the city without minimum wage laws.

d. The gains to winners of a minimum wage law should be valued more highly than the losses to losers because the latter primarily comprises businesses.

And a Positive analysis of the consequence of minimum wage would be the following statements:

a. The minimum wage law causes unemployment.

b. A minimum wage law benefits some groups and hurts others.

4 0

3 years ago

Tariffs may raise the price that foreign customers must pay for goods produced in the United States, negatively impacting a U.S.

fenix001 [56]

Answer:

true

Explanation:

tarrifs raise the price of foreign goods

8 0

3 years ago

Daphne, a victim of identity theft, can’t currently qualify for a loan but wants to buy her friend’s condo for $90,000. She coul

stiks02 [169]

Answer:

an option agreement. 

Explanation:

The option agreement in the arena of financial derivatives is a contract between two parties that gives one party the right, but not the obligation, to buy an asset from the other party or to sell an asset to the other.

It outlines the agreed-upon price and the transaction's future date.

8 0

3 years ago

A family spends $40,000 on living expenses. With an annual inflation rate of 6 percent, they can expect to spend approximately _

il63 [147K]

Answer: $42,400

Explanation:

The family currently spends $40,000 on living expenses.

Inflation is expected to be 6% and as Inflation is used to refer to the general rise in prices, this means that the family will be spending 6% more in one year.

They will therefore be spending;

= 40,000 * (1 + 6%)

= $42,400

7 0

3 years ago

Lindy Corporation has 1,000,000 authorized shares of $20 par value common stock. As of June 30, 2014, there were 600,000 shares

sertanlavr [38]

Explanation:

The journal entries are as follows

a. Retained earnings A/c Dr $300,000 (600,000 shares × $0.50)

To Dividend payable A/c $300,000

(Being the dividend is declared)

b. No journal entry is required

c. Dividend payable A/c $300,000

To Cash A/c $300,000

(Being the dividend is paid for cash is recorded)

3 0

3 years ago