True or false - the power to levy federal income taxes rests with the u.s. congress

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Answer 1
I believe this is true :)

Related Questions

"the challenged law must be necessary to the fulfillment of a compelling government purpose." this is laid down for the:

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"the challenged law must be necessary to the fulfillment of a compelling government purpose." this is laid down for the full strict scrutiny.
Strict scrutiny is a type of legal or judicial review that courts use to decide the defendability of specific laws. The legislature must have passed the law to further a "compelling governmental interest," and must have narrowly tailored the law to accomplish that interest to pass this strict scrutiny.

When making a presentation that includes a large detailed table, which print method should you use?

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full page slide is your answer :)

What is the Internal Revenue Service?

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The Internal Revenue Service is the nation's tax collection agency and administers the Internal Revenue Code enacted by Congress.

The total on the __________ should match the total on the bank deposit slip

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Final answer:

The total on the cash receipts journal should match the total on the bank deposit slip, ensuring that numbers recorded in financial records align with the actual bank deposits for accurate accounting.

Explanation:

The total on the cash receipts journal should match the total on the bank deposit slip. When doing accounting or bookkeeping, it is important to ensure that the numbers recorded in your books align with the actual amounts being deposited in the bank. This step is part of reconciling your accounts, which is necessary for accurate financial reporting.

To reconcile, you would follow a process similar to this: sum up your columns for Exports, Imports, and Balance. The final balance number you arrive at is the current account balance. This should match the first number under Balance in your books. If these numbers do not match, you'll need to review your entries for any inaccuracies or discrepancies and correct them to ensure that your cash receipts journal reflects all transactions accurately.

Kristi sells purses. her cost is $35 per purse. on a certain day, she sells 12 purses, and her producer surplus for that day amounts to $180. kristi sold each purse for

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For a producer surplus of $180 coming from sales of 12 units, this would be the result from (180 / 12), or $15 per purse. Taking the cost she has to pay for each unit, $35, and adding the $15 surplus to each, this leads to a sale price of (35 + 15), or $50 per purse.

In south carolina, within how many days does the free-look provision allow the insured the right to return an individual insurance policy for full premium?

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Free-look provisions, as they are normally known, permit you to inspect an insurance policy after you've purchased it. If you don't like what you perceive, you can return it for a whole refund — as if you not ever purchased the insurance. These policies you can do this with differ by state, as does the total of time you have to pull out. In case of South Carolina, the length of time to return an individual life policy is 10 days and if sent by mail, it would be 30 days.

At a particular store, candy bars are normally priced at $1.00 each. last week, the store offered a promotion under which customers purchasing one candy bar at full price could purchase a second candy bar for $0.50. a third candy bar would cost $1.00, a fourth would cost $0.50, and so on. if, in a single transaction during the promotion, rajiv spent d dollars on n candy bars, where d and n are integers, is n even?

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1 candy cost 1 2 candies cost 1+.50=1.50 ( here D is not an integer, hence we cannot buy 2 candies . so we can reject all cases where D is non Integer) 3 candies cost 1.50 +1 =2.50 4 candies cost 2.50+.50= 3 5 candies cost 3+1= 4 6 candies cost 4+.50= 4.50 7 candies cost 4.50+1=5.50 8 candies cost 5.50.+.50= 6 9 candies cost 6+1= 7 ..... 13 candies cost =10 (i) D is prime D=3 and N=4 (N is even) D=7 N=9 (N is odd ) not sufficient (ii) D is not Divisible by 3 D=1 N=1 D=4 N =5 D=7 N=9 D=10 N=13 so we see if D is not divisible 3 then N is always odd.

Will and allison had been dating for some time and their college graduation was only two months away. allison had wondered what would happen to their relationship after college-will had a job prospect in faraway oregon and he hadn't really talked over the implications of accepting the job with her. one evening, while out to dinner, will broached the subject and declared that while he wasn't quite ready for engagement, he was moving that direction and would only take the job if such a future included allison. their talk is an example of a

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This is an example of a turning point. The notion of turning points in one’s life is an influential one. It's the idea that at a definite point, a big occasion takes place that changes your life permanently. It could be in one’s career or just a plot twist in one’s life.

Leaders should pay attention to the _____ more so than structural positions in leading organizational change.​

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Leaders should pay attention to the informal social networks more so than structural positions in leading organizational changeOrganizational structure is a formal system of task and reporting relationships that coordinates and motivate an organization's members so that they can work together to achieve the organization's goals.

Which of the following is the fee structure of Lots a Loot Bank?

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i need to see all of it sorry for taking points but put all of the ? on there and ill do it

Answer:apex answer is: A monthly service fee of $.50 and a per-check fee of $.50

Explanation:

The ability of a government to exert control over a person or corporation is called _____.

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It is called a jurisdiction.

Can surfing the internet for pleasure outside your lunch break be considered an example of theft / fraud at work?

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Surfing the internet for pleasure in the office hour (outside the lunch break) is considered as a fraud at work because in any institution or organization it is not permissible to have pleasure time on internet in the office hours. Office hours are meant only for work and should not be used for personal activities just for enjoyment.

Since the employee has already agreed on contract to work for the organization  for a particular amount of time, he/she is not permitted to anything that is unprofessional.

What is the term for a voluntary home fire inspection requested by a homeowner?

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The answer is home fire safety survey. Since the widely held fire deaths occur in the home. Citizens of the community can take advantage from a home fire safety review program. Home inspections offer a chance to review for fire safety questions in the home, offer actions to develop the safety of residents and surge fire safety and alertness outreach.

Alicia Keyes Company began the year with owner's equity of $280,000. During the year, the company recorded revenues of $375,000, expenses of $265,000, and had owner drawings of $30,000. What was Alicia Keyes' owner's equity at the end of the year?

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Owner's equity = starting equity + revenues - expenses - withdrawals 

$280,000 + $375,000 - $265,000 - $30,000

Owner's equity is $360,000.

The owner's equity of Alicia Keyes' at the end of the year if company began the year with owner's equity of $280,000, revenue in the company is $375,000, expenses of $265,000 and owner drawings is of $30,000 is $3,60,000.

What is equity?

Equity is ownership of assets that may have debts or other liabilities attached to them.

What is revenue?

Revenue is the total amount of income generated by the sale of goods and services related to the primary operations of the business.

What is expense?

An expense is an item requiring an outflow of money, or any form of fortune in general, to another person or group as payment for an item, service, or other category of costs.

What are drawings?

Drawing refers to the action of taking funds from an account or company holdings for individual use.

Equity at the beginning [tex]=\$280,000[/tex]

Revenue [tex]=\$375,000[/tex]

Expenses [tex]=\$265,000[/tex]

Drawings [tex]=\$30,000[/tex]

The equity of the owner at the end of the year

[tex]=(\$280,000+\$375,000)-(\$265,000+\$30,000)\\=\$655,000-\$295,000\\=\$360,000[/tex]

Hence, the equity of the owner at the end of the year is [tex]\$360,000[/tex]

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Inmates who attain sufficient reading and writing skills for functional literacy may increase the possibility of:

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it may increase possibility of parole 

Zoey is just learning to read. it takes a lot of work for her to read even one sentence because she needs to sound out every word. after a while zoey will be able to read without thinking about the words. she will then be able to concentrate on the concepts of the text. _____ allows zoey to become a more skilled reader.

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Automatization allows Zoey to become a more skilled reader. It literally means that the ability to read and understand words becomes automatic and she does not have to think hard in order for the action to happen.

Answer:

Automatization allows Zoey to become a more skilled reader. It literally means that the ability to read and understand words becomes automatic and she does not have to think hard in order for the action to happen.

Explanation:

High-level appellate courts are also referred to as _____.

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High-level appellate courts are also referred to court of last resort. It is refers to a court of final appeal in a jurisdiction. The court of last resort is a legal term that can be simplified as the court of the highest authority. The most common term that you can always equate to this is supreme court.

The hospital where jack works has a step-by-step process for treating heart attack victims. this is an example of a(n) psychology

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The hospital where jack works has a step-by-step process for treating heart attack victims. This is an example of psychology algorithm.
We can define an algorithm as a set of procedures or steps that will solve a specific problem or if we follow these steps or procedures correctly we will complete a specific task.

The stock market is experiencing a bear market. Trading volume has been high for weeks. Even the most stable stocks are feeling the effects. Bellwether Company's stock price was relatively stable for decades, but it as declined recently. is the price of bellwether companies stock likely to rise or fall? please explain

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I had to look up the term "bear market" because I was unaware of what it meant.

Bear Market = a market where prices are falling. This type of market encourages selling.


Answer: I think that because it stated in the problem stable companies were still affected, that means that Bellwether Company will be affected by the bear market falling prices. Therefore, I hypothesize that because the stock market it experiencing a bear market Bellwether's prices will continue to fall.

Did that make sense?

The correct assumptions will be that the stock price of Bellwether Company will continue to fall a bit before rising up again after the bear run in the market is over.

There was a stability in the stock prices of Bellwether Company before the bear run started in the market, refers that the stock prices were giving returns similar to market.

Stock market

There are two phases in the stock market, namely, bull run and bear run. In bull run phase, the stock prices tend to go up due to buying pressure in the market.

Under the bear run, there is a selling pressure in the market due to fewer volumes of buyers. The stock prices decline during such phase.

It is to be noted that a change in the run happens gradually and not instantly, which says that the share prices will go a further down before moving up again.

Hence, we can say that the share prices of Bellwether Co. will increase after a slight decrease in the stock market phase of bear run before moving into bull run.

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In figuring out all the ways that you can come up with the money you need to buy the used car you saw advertised in the newspaper, you are working ____________.

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You are working in the production stage of problem-solving if you are figuring out all the ways that you can do and make just to come up with the money you need to buy the used car you saw advertised in the newspaper.



Final answer:

In the context of the question, when figuring out ways to afford a used car, the student is engaging in financial planning and budgeting. This involves assessing various sources of income and creating a budget to manage expenses. It is reflective of the importance of treating all funds with consideration and planning financial decisions wisely.

Explanation:

When figuring out all the ways that you can come up with the money you need to buy the used car you saw advertised in the newspaper, you are engaging in financial planning and budgeting. This process might include considering various sources of income, such as money you have saved on your dresser, funds found unexpectedly, or earnings from a job. It is essential to assess the value of each source of money and make decisions that maximize the utility of your resources. For example, even if you find $25 in the street, it is important to treat it with the same consideration as $25 earned from hard work, despite the tendency to treat easily acquired money with less care.

Creating a budget is crucial in managing your finances effectively to ensure that you have enough money to cover expenses such as the purchase of a used car. This could mean allocating a certain amount each month from your income towards savings for the car, or reconsidering your spending habits on items like magazines and pies to free up additional funds.

Dewey just won a million-dollar lottery jackpot. one year from now, he is likely to be:

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I would say that one year from now he is likely to be destitute of the one million because he will most likely give a lot of it to family and friends and also pay off debts which most likely will leave very little disposable cash for him/herself.
Final answer:

One year after winning a million-dollar jackpot, Dewey could be experiencing an elevated standard of living, but the exact outcome would depend on his financial management. He could face both positive and negative changes, including potential financial growth or personal challenges and stress related to sudden wealth.

Explanation:

The question seems to be asking for an analysis of the potential changes in Dewey's life after winning a million-dollar lottery jackpot. Predicting his exact situation one year from winning is speculative, however, we can use economic principles to understand some common outcomes for lottery winners. It's been observed that lottery winners often experience an increase in their standard of living. However, studies have shown that many lottery winners will spend or give away a lot of their winnings in the first year and they may not be significantly happier or may even be less happy than before.

Depending on how Dewey manages his winnings, he could invest in his future by purchasing property, saving for retirement, or seeking financial advice. On the other hand, he could also face difficulties such as financial mismanagement, falling victim to scams, or dealing with increased stress from the sudden wealth. Socially, he might encounter changes in relationships as friends and family members may treat him differently or have expectations regarding his newfound wealth.

True or false: gross domestic product (gdp) cannot be used to measure the economy’s income. true

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The answer in the given statement above is false because Gross Domestic Product has the capability of providing measurement when it comes to the economy’s income. It measures the goods that are produced and the services that are given in the course of one year where in it is concluded that it has the capability of measuring the economy’s income.

Which is an example of a short-term investment?

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Examples of short-term investment are money market funds , savings accounts,treasury bill and  certificates of deposit (CD),.
An investment could be considered as a short-term investment if it is anticipated to be expired within the period of one year.
In most cases, short-term investment usually offer lower risk but the return wouldn't be as big as other form of investment

Based on the concept of investment, an example of a short-term investment is a certificate of deposit (CD).

What is a Certificate of Deposit?

Certificate of Deposit is a term that is used to describe the financial product offered by banks and credit unions where you deposit a fixed amount of a specific period typically ranging from a few months to a few years.

General, the Certificate of Deposit During earning interest on the deposit. Thus, the Certificate of Deposit reaches maturity which the owner can withdraw the initial deposit and the interest earned.

Hence, in this case, it is concluded that certificates of Deposit are considered short-term investments because they have a relatively short-time frontier compared to other investment options like stocks or real estate.

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how does the concept of a balanced budget apply to state government?

A: Only the capital budget must be balanced
B: Only the operating budget must be balanced.
C: Both the operating budget and the capital budget must be balanced.
D: Neither the operating budget nor the capital budget must be balanced.

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Answer: only the operating budget must be balanced.

Answer:

only the operating budget must be balanced.

When the government levies taxes to subsidize the producers of corn-based sugar, the subsidies will?

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I would say the subsidies for corn-based sugar will result in more of that sugar being produced and therefore sales should increase and the government should benefit by more tax revenue in the long run to offset the cost of the subsidies.

True or false fdr was eager to use deficit spending to end the economic crisis.

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the answer would have to be true

Magnira corp., a manufacturer of hygiene and personal care products, launches a new toothpaste "tidy" that is more effective in maintaining oral hygiene than other brands. the advertisements of tidy provide highly valid research information. this is an example of _____.

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The advertisement of the new toothpaste "tidy" that provides highly valid research information is an example of scientific execution style. It is a type of marketing style that uses research or scientific evidence to give a brand superiority over competitors. The consumer gets scientific information about the product.

Expected benefits, which will result from implementation of the project and define success, establish

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Expected benefits, which will result from implementation of the project and define accomplishment, establishes that why the project is being done. The project objective should be within reach, precise and computable. The objective is usually defined with respect to end product or deliverables, plan and investment.

Vending machines display the food they sell because many people are sensitive to

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Vending machine displays the food that they sell because many people are sensitive to external eating cues. The external eating cues is a factor in which affects the individual’s response to the food with its composition such as the smell or the sight of it.

Walmart has a lot of power and exerts strong influence on the suppliers they buy from. this channel power is an example of​ a(n) __________ vertical marketing system​ (vms).\

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Answer: Administered Explanation: Of the three types of vertical marketing system; Corporate, Contractual and administered, the type used of by Walmart is due to its sheer size and they dictate the terms and conditions to the companies in an informal manner.
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