In Addition to the Powers Explicitly Granted by the Constitution,the

question 26

Multiple Choice

In addition to the powers explicitly granted by the Constitution,the president also has _____ that are necessary to carry out the specific responsibilities of the president as set forth in the Constitution.

• A) explicit powers 
• B) expanded powers 
• C) supremacy powers 
• D) inherent powers 
• E) hereditary powers

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Definitions:

Marginal Tax Rates

The rate at which the last dollar of income is taxed, reflecting the percentage of tax applied to your income for each tax bracket in which you qualify.

Interest Income

Earnings generated from the lending of money or from deposit funds in interest-bearing accounts.

Eligible Dividends

Dividends designated by a corporation to be eligible for a lower tax rate on the dividend income received by an individual shareholder.

Tax Paid

Refers to the total amount of taxes remitted to the relevant tax authorities for income, sales, property, or other forms of taxes.