Which of the Following Best Describes the Federal Courts' Trend

question 21

Multiple Choice

Which of the following best describes the federal courts' trend toward school desegregation in the 1990s?

• A) The courts increased the federal supervision of local school desegregation.
• B) The courts decreased the federal supervision of local school desegregation.
• C) The courts continued the active use of busing.
• D) The courts ordered the withdrawal of federal education funds from school districts that did not combat de facto segregation.
• E) The courts ordered the federal government to dramatically increase the amount of money spent on integrating public schools.

Recognize the basics of inheritance laws and their economic implications in different regions.

Distinguish between corporate, partnership, and proprietorship forms of business and their characteristics.

Interpret the factors influencing the capacity utilization rate and its economic impacts.

Analyze the role and evolution of corporations in the global economy, including during the Great Recession.

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Definitions:

Schedule E

A form used for reporting income from rental real estate, royalties, partnerships, S corporations, estates, trusts, and residual interests in REMICs on a tax return.

Investment Expenses

Fees and other costs incurred in connection with the management and operation of investments.

Net Income

The amount of earnings a company or individual has after subtracting all expenses, taxes, and deductions from total revenue.

Depreciation

An accounting method of allocating the cost of a tangible or physical asset over its useful life, useful for reducing taxable income by recognizing the asset's expense over several years.