Why Is the Language in the Necessary and Expedient Clause

question 44

Multiple Choice

Why is the language in the necessary and expedient clause in the Constitution important when thinking about the relationship between Congress and the presidency?

• A)It increases tension between the two branches because it authorizes the president to propose legislation to Congress.
• B)It decreases tension between the two branches because it provides an opportunity for the president to work with members of the opposition party on the budget.
• C)It provides an opportunity for Congress to reassert its dominance in the struggle between the two branches of government.
• D)It increases congressional influence in the sphere of foreign policy.
• E)It strengthens and clarifies the separation of powers principle between the two branches of government.

Grasp the methods for ranking and prioritizing investment projects.

Discern the differences and applications of various capital budgeting processes and their components.

Understand the concept of Net Present Value (NPV) and its calculation for investment appraisal.

Comprehend the significance of the internal rate of return (IRR) and how it serves as a decision criterion in capital budgeting.

---

Definitions:

Investments

Assets or items acquired with the intention of generating income or appreciation over time, including stocks, bonds, real estate, or other vehicles.

Liquidity

The simplicity of turning an asset into cash without impacting its market value.

Terminal Value

An estimate of a project's or company's value at the end of a forecast period, extending beyond the period of explicit cash flow projections.

Non-Normal Cash Flows

Cash flow patterns that don't follow a regular, predictable pattern, often encountered in investment analysis.