The US started collecting federal income tax in 1913
<span>The answer is True. The four factors mainly used for production is, Land(means natural resources and technology), labor(working people for dedication to work), capitol(investment and government assistance totally that represent services) and entrepreneurship(the activity of setting up a business).</span>
The manufacturer of a product that injured consumers, razor sharp electronics, has been found guilty of breaking the criminal liability laws that might have resulted in fines or imprisonment.
<h3>How Does Criminal Liability Work?</h3>
Criminal culpability describes the circumstances under which a person may be held accountable for breaking the law. Criminal liability involves both prospective and actual culpability, which implies that a person may be charged with and punished for either having committed or being suspected of having committed a crime. When it comes to criminal responsibility, the fundamental premise is that the claimed offense has both a mental aspect and a physical element.
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Answer: 0.5 making the demand for gas to be inelastic in this range.
Explanation:
The price elasticity of demand is calculated as:
= % change in quantity demanded / % change in price
= 15% / -30%
= -0.5
Based on the above calculation, we can see that the elasticity of demand equals to 0.5. Since, it is less than 1, it is said to be inelastic.
Answer:
C. What the program will ultimately cost the federal government
Explanation:
The Medicare Prescription Drug, Improvement, and Modernization Act of 2003 was an attempt to make improvements or amendments to the Social Security Act. It radically changed the playing field for private plans participating in the Medicare program by substantially raising monthly payment rates in an effort to stabilize the market and reverse the decline in benefit generosity. It also provided for voluntary prescription drugs under the medicare program. However, the utilization and cost of the program skyrocketed as soon as the funding source was established. It has remained unknown what the program will ultimately cost the federal government, no wonder the current administration under Trump wants to turn it upside down.
