When an individual receives a profit from the sale of stock, bond or land (but not a house), that individual has received what?
A. money
B. special loophole
C. capital gains
D. capital reimbursement
C. capital gains
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Explain the "Rule of Four" and its relationship to the decision of the Supreme Court to hear a case
What will be an ideal response?
Nonprofit, tax-exempt groups that can spend no more than half of their money on campaign politics and are not required to disclose the names of contributors are called __________
a. political action committees b. 527 committees c. 501(c) groups d. leadership PACs
A government in which power is exercised by representatives who are responsible to the governed is called a
a. republic. b. autocracy. c. democracy. d. federation. e. plutocracy.
Most-Favored Nation status requires World Trade Organization members to ______.
a. vote unanimously to enact tariffs b. offer fellow members the lowest tariff rates c. engage in trade with all the other members d. restrict trade with non-member states