<span>True or false? in most situations, you may pass another vehicle on the right, if the roadway is wide enough to do so:
False
</span>
Answer:
In the 1790s, despite a lack of specific constitutional authority to do so, Congress chartered a national bank, arguing that the institution was necessary to regulate the value of currency. The chartering of a national bank was therefore an example of an implied power.
Explanation:
Implied powers are political powers that are not explicitly explained in the United States Constitution but are granted to the government. The term was widely used in Ireland around the mid 1780s, meaning it is highly possible that the United States was not the first nation making use of such power. It came into play in America in the creation of the First Bank of the United States. This bank would be in charge of the war debt of the American Revolution and would standardize the currency of the recently independent nation.
The economic term is the opportunity cost.
The concept of opportunity cost is a relatively inexpensive and relative measure that involves people's preferences, so it varies from person to person. It is a question of comparing what is left over when making a decision.
In Katie's case, the opportunity cost of the money she saves to buy a car is what she fails to do with that money. For example, she stops investing in stocks, fails to make a trip, etc.
All decisions involve an opportunity cost. Taking another example, the opportunity cost of studying for the test at the end of the week is measured by the loss of leisure you would have. However, the decision to study for the test is chosen because it is more valuable.
Answer
Ok
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