The Sixteenth Amendment to the Constitution in 1913 made it possible for the federal government to tax imports.

Answer the following statement true (T) or false (F)


False

The expansion of the federal government started with the Sixteenth Amendment to the constitution (1913), which extended the government's taxing power to income.

Economics

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An incentive is a

A) need. B) want. C) reward for desired behavior. D) resource.

Economics

What important changes have occurred in the composition of the labor force since 1960? Is the popular image of the American worker as a factory worker accurate? Describe the types of jobs Americans are working in today

Economics

During the early 1980s, the U.S. economy experienced an increase in interest rates quoted on U.S. Treasury debt, business loans, and mortgages. At the same time the inflation rate gradually declined more than expected. What happened to ex ante versus ex post real interest rates during this period? Use the Fisher equation to support your answer.

What will be an ideal response?

Economics

If a Vulcan importer has to write a 4,000 Vulcan bucks check to cover a $200 purchase from the United States, the exchange rate is

A. 200 Vulcan bucks to a dollar. B. 100 Vulcan bucks to a dollar. C. 20 Vulcan bucks to a dollar. D. 10 Vulcan bucks to a dollar.

Economics