Which of the Following Was NOT a Power Given to Congress

question 66

Multiple Choice

Which of the following was NOT a power given to Congress by the Constitution in terms of the economy?

• A)The ability to levy taxes
• B)The ability to pay debts
• C)The ability to force states to abolish slavery
• D)The ability to borrow money
• E)The ability to regulate interstate and intrastate foreign commerce

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Definitions:

Residual Income

The income that remains after deducting all required costs of capital from operating income, used as a measure of profitability.

Margin

Margin refers to the difference between the selling price of a good or service and its cost of production, usually expressed as a percentage of the selling price.

Return On Investment

A gauge of an investment's profit, expressed as the return percentage in comparison to the cost of the investment.

Residual Income

Residual income is the profit remaining after deducting all required costs of capital from operating income.