Question

The United States Constitution, like the laws under English rule, permitted the U.S. government to a....

The United States Constitution, like the laws under English rule, permitted the U.S. government to

a.

impose taxes to pay for government services and national defense

b.

regulate commerce with other countries and between the states

c.

do all of these

d.

create money and regulate its value

Homework Answers

Answer #1

The correct answer to the above question will be the option C. That is the United States constitution, like the laws under English rule, permitted the U.S. government to impose taxes to pay for government services and national defence and regulate commerce with other countries and between states and also create money and regulate its value.

The correct option has to be C, because the options are essential for the functioning of any government. Government imposes taxes to finance it's expenditure on public services, and also it controls the commerce with other countries and between states as it suits its interest. And money is essential for any economy and the government has to power control the money creation and hence its value. As increasing money decreases its values, the government controls the value of money also.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
What is the Commerce Clause of the United States Constitution? The U.S. Supreme Court has a...
What is the Commerce Clause of the United States Constitution? The U.S. Supreme Court has a ruled that a state violates the Commerce Clause when …. What are the 3 major areas in which governments regulate commerce? What is a security? Describe the Securities Act of 1933 – What is the Securities and Exchange Commission? What is the Registration Statement? Define Sarbanes-Oxley Act and define it purpose. Define Antitrust What is a monopoly in business – Describe The Sherman Antitrust...
Unlike many English language constitutions, the United States Constitution specifically provides for a mechanism for the...
Unlike many English language constitutions, the United States Constitution specifically provides for a mechanism for the government to involuntarily take private real property from its citizens. The only requirement that the government must show is that the taking is for a "public" purpose. There is no requirement that the taking be "necessary" or even "reasonable." Any stated government purpose suffices. If the public purpose is demonstrated, then the government, state or federal, may take the property and provide the previous...
1. U.S. opponents of NAFTA argue that the agreement hurts the United States. In their view,...
1. U.S. opponents of NAFTA argue that the agreement hurts the United States. In their view, NAFTA's greatest harm is its harmonization of labor policies harmonization of environmental standards harmonization of product safety standards job destruction and downward pressure on U.S. wages 2. Currently, there are approximately _____ RTAs in force. 10 50 100 400 600 2. One problem with NAFTA that is not shared by other trade blocs is that national environmental laws differ greatly the countries are at...
Statement Cooperative or dual federalism Under this view of federalism, the states and the federal government...
Statement Cooperative or dual federalism Under this view of federalism, the states and the federal government share powers. States hold all powers not specifically delegated to the federal government in the U.S. Constitution under this view of federalism. The national governments and the governments of all fifty states are viewed as sovereign entities, possessing the power to govern themselves. The relationship between the federal and state governments involves shared responsibilities according to this view of federalism.
The United States federal government is responsible for meeting the spending obligations of the US government,...
The United States federal government is responsible for meeting the spending obligations of the US government, or its "unpaid bills." Krugman & Wells (2015), explained if taxes are insufficient to cover government spending then the federal government must borrow to cover the difference. These government borrowing are US Treasuries (Chapter 10, Matching Up Savings and Investment Spending). Reuters (2018, February 18) reported, “…tax reform is expected to add as much as $1.5 trillion to the federal debt load, while the...
The following table shows the National Income and Product Account of the United States and the...
The following table shows the National Income and Product Account of the United States and the Consolidated Government Account one decade ago, in 2007.            U.S. National Income Account and Consolidated Government Account, 2007                                                            (In billions of dollars) ______________________________________________________________________________                                                                                                                                                                                                                         2007 ______________________________________________________________________________ Summary National Income and Product Accounts Gross National Product (GNP)                                                                                                                                              13,937 Private Consumption                                                                                                                                                                          9,734 Private Investment                                                                                                                            ...
Your firm designs, manufactures, and markets children’s toys for sale in the U.S. Almost 90% of...
Your firm designs, manufactures, and markets children’s toys for sale in the U.S. Almost 90% of your production is done in China. During the 1990s, U.S. relations with China improved. Even though there were many disagreements between the two countries, the United States granted normal trade status to China and supported China’s membership in the WTO in 2001. Your firm invested heavily in China during that time. You have developed close ties to Chinese suppliers and have come to depend...
Government QUESTION 1 According to economists, the United States is considered to have full employment only...
Government QUESTION 1 According to economists, the United States is considered to have full employment only when unemployment levels reach 0.        True        False QUESTION 2 Laissez faire economics supports the idea that:        the government should bail out financially troubled corporations        the government should take a hands off approach and not interfere with the economy        the national government should nationalize, or take control of, the nation s largest businesses       ...
Your firm designs, manufactures, and markets children’s toys for sale in the U.S. Almost 90% of...
Your firm designs, manufactures, and markets children’s toys for sale in the U.S. Almost 90% of your production is done in China. During the 1990s, U.S. relations with China improved. Even though there were many disagreements between the two countries, the United States granted normal trade status to China and supported China’s membership in the WTO in 2001. Your firm invested heavily in China during that time. You have developed close ties to Chinese suppliers and have come to depend...
5.           If the U.S. government wants to strengthen the dollar, it can: a)have the Fed use...
5.           If the U.S. government wants to strengthen the dollar, it can: a)have the Fed use monetary policy to reduce interest rates, thereby increasing capital flows into its country. b)reduce the supply of dollars on the international currency market by limiting the right of U.S. citizens to buy foreign currencies. c)have the Fed buy foreign currency, paying for it with newly printed dollars. d)Answers (a), (b), and (c) will all help the government to set the exchange rate at its...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT