Answer: Manifest Destiny brought money, land, resources, and a strengthened economy to the Americans. ... This idea that it was their destiny to expand caused Americans to disregard the territorial rights of Native Americans, wiping out many tribes and causing a cultural divide, tension and wars. With its triumph in the Mexican-American War, the United States seemingly realized its Manifest Destiny by gaining an immense domain (more than 525,000 square miles [1,360,000 square km] of land), including present-day Arizona, California, western Colorado, Nevada, New Mexico, Texas, and Utah.4
Explanation:
Full question:
Indicate whether the following statements are "True" or "False" regarding the concept of gross income.
a. While the Constitution grants Congress the power to tax income, it does not define the term.
b. The Supreme Court has held that there is no income subject to tax until the taxpayer has recovered the capital invested.
c. Economists measure income (economic income) by first determining the fair market value of the individual's net assets (assets minus liabilities) at the beginning and end of the year (change in net worth).
d. Accounting and tax rules regarding income are the same.
e. The accounting concept of income is founded on the realization principle.
f. Gross income is not limited to cash received.
Answers:
a. True
b. True
c. True
d. False
e. True
f. True
Explanation:
1.The constitution of the United States allows for power to tax income however it doesn't define tax.
2.income is not subject to tax until there is profit from capital invested as ruled by the Supreme Court of the United States
3. Measurement of income in Economics involves applying the concept of fair value to measure income at the beginning and end if the year and notice any changes that may have occurred
4. Accounting and tax rules regarding income are not the same. Accounting however complies with tax rules for accounting purposes.
5.the realization principle involves income earned or losses incurred(not necessarily received in cash or given out)
6.Gross income encompasses all(recognizable) earned income for the period(cash or not)
The answer for it should be D. as jobs and education are better in the city
