The amendment to the U.S. Constitution that granted the federal government the authority to collect income taxes was the

A. 8th.
B. 26th.
C. 16th.
D. 28th.


Answer: C

Economics

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The above figure shows the U.S. market for replacement cell phone batteries. With free trade, U.S. production is equal to ________ batteries per year

When a $2 tariff is in place, U.S. production is equal to ________ batteries per year. A) 900,000; 700,000 B) 300,000; 100,000 C) 100,000; 500,000 D) 300,000; 500,000 E) 100,000; 300,000

Economics

Describe the four stages of the financial regulatory pattern

What will be an ideal response?

Economics

If the real gross domestic product (GDP) is $5 trillion for a particular year and the GDP price index is 140, then the nominal GDP is $7 trillion

a. True b. False Indicate whether the statement is true or false

Economics

Hooterville has seen its population grow by 200% over the past decade (10 years). Urban sprawl has occurred as city services have been extended to formerly rural areas. Mark's Manhole Cover Company, Inc has seen sales to the City of Hooterville triple during this period. This is most likely due to

a. increased manhole cover prices b. increased quantity supplied of manhole covers c. altered consumer expectations d. increased demand for manhole covers e. increased supply for manhole covers

Economics