Under the federalist system, the states retain significant powers; however, the Supremacy Clause of the Constitution provides that within the areas of regulation that are federal in nature, federal law is supreme
a. True
b. False
Indicate whether the statement is true or false
True
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Answer the following statements true (T) or false (F)
1.Consider Figure 5.5. The Japanese export quota's revenue effect totals $1,200. 2.Consider Figure 5.5. The government of Mexico collects 50 percent of the export quota's revenue effect, or $600, in the form of tax revenue. 3.Consider Figure 5.5. Assuming that the revenue effect of the export quota accrues to Japanese firms, the overall welfare loss to Mexico equals $2,100 as a result of the quota. 4.Excessive sea transport and freight regulations are examples of nontariff trade barriers. 5.For the United States, corporate average fuel economy standards (CAFÉ) provide a minimum limit on the number of gallons of gas that an automobile can consume per mile driven.
______ is the extent to which the leader takes charge to plan, organize, lead, and control as the employee performs the task.
a. Structuring b. Coordinating c. Directing d. Controlling
You want to show actual and budgeted expenses over the last five years for your company. The BEST graphic to use is a
a. line chart. b. bar chart. c. broken-bar chart. d. table.
The intention to enter into a contract is judged by outward, objective facts as interpreted by a reasonable person.
Answer the following statement true (T) or false (F)