Which of the Following Is a Function of a State

question 50

Multiple Choice

Which of the following is a function of a state constitution?

• A) to ensure the safety of its citizens by building a wall along the U.S.-Mexico border
• B) to concentrate power in the executive branch
• C) to set the proper tax rates for state and county authorities
• D) to forbid certain government actions by establishing civil liberties

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Definitions:

Retained Earnings

The portion of net income that is retained by a corporation rather than distributed to its owners as dividends.

Household Purchases

Refers to the total spending by households on goods and services for personal use.

Capital Equipment

Items such as machinery and tools that are used in the production process and have a useful life beyond a single accounting period.

Depreciation

The process by which capital assets decrease in value over time due to use, wear and tear, or becoming outdated.