The Constitution Sets Forth Specific Powers That Can Be Exercised

question 55

Multiple Choice

The Constitution sets forth specific powers that can be exercised by the national government and provides that the national government has the implied power to undertake actions necessary to carry out its expressly designated powers. All other powers are expressly reserved to​

• A) ​the courts.
• B) ​the states.
• C) ​Congress.
• D) ​the people.

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Definitions:

Life Of Equipment

The estimated duration for which equipment can be expected to operate effectively and be used productively by a business.

Annual Cash Inflow

The total amount of money received by a company over a year, from operations, investments, and financing activities.

Discount Rate

The discount rate applied in the discounted cash flow method to calculate the current value of anticipated cash flows.

Net Present Value

A method used in capital budgeting to evaluate the profitability of an investment or project, by calculating the difference between the present value of cash inflows and outflows over a period of time.