In 1978, the texas constitution was amended (article 8, section 22), so that if the economy of the state shrinks, appropriations have to shrink as well.
<h3>what is texas constitution ?</h3>
The Texas Constitution is the fundamental governing document of Texas, describes the structure and function of the government, it consists of a preamble and 17 articles.
- Article 1 represents Bill of Rights and consists of 34 sections.
- Article 2 represents the Power of Government which provides for the separation of the powers of the government.
- Article 3 represent the Legislative Department, include the legislative power of the state of Texas and consists of the Texas Senate and Texas House of Representatives.
- Article 4 Executive Department and it consists of 26 sections which describes the powers and duties the officials of state's executive.
- Article 5 Judicial Department consists of 32 sections, explains the composition, powers of the Texas Supreme Court, the Court of Criminal Appeals, Justice of the Peace Courts etc.
- Article 6 Suffrage consists of five sections, defines classes of persons are not allowed to vote like minors, persons convicted of a felony etc.
- Article 7 Education consists of 20 sections, provisions for public schools, asylums and universities.
- Article 8 Taxation and Revenue which places various restrictions on the ability of the Legislature and local governments to impose taxes like local property taxes.
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Answer:
A is an upstream supply chain member while C is the downstream chain member
Explanation:
There are two portions of the supply i.e downstream and upstream. In the upstream it reflects the suppliers of the organization and its process for managing the relation
While on the other hand the downstream reflects the process for distribution and delivery of products to the customers T
Therefore in the given case, Entity A is upstream while the Entity C is downstream
Answer: Coefficient of elasticity of supply is 0.75.
Explanation:
Price elasticity of supply measures the responsiveness of quantity supplied to a change in the price of the good. It can be measured using the percentage point method,
Therefore, coefficient of elasticity of supply is 0.75. Since it is less than 1 we can infer that supply for this good is relatively inelastic.
Answer:
Preferred stock
Explanation:
The capital market instruments refer to the instrument that involves stock, bonds, debentures, the preferred stock that deals in the securities and come under the capital
Also, the other options that are mentioned are the money market examples
Therefore the correct option is preferred stock and the same is to be considered
Answer:
the answer is A. exchange
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