Which, if any, of the following statements best describes the history of the Federal income tax? a. It did not exist during the Civil War. b. The Federal income tax on corporations was held by the U. S. Supreme Court to be allowable under the U. S. Constitution. c. The Federal income tax on individuals was held by the U. S. Supreme Court to be allowable under the U. S. Constitution. d. Both the Federal income tax on individuals and on corporations was held by the U. S. Supreme Court to be contrary to the U. S. Constitution. e. None of these choices are correct.

What does the consumer price index measure? a. the change in prices of all goods and services over time b. the change in prices of specific goods and services over time c. the change in prices of final goods and services over time

Case in point 2.4 attaway airlines, part two back at attaway airlines, the morning meeting ended with no agreement between dan esposito and molly kinnon. in fact, a new issue arose. molly now says that the new accounting system is entitled to the highest priority because the federal government soon will require the reporting of certain types of company-paid health insurance premiums. because the current system will not handle this report, she insists that the entire accounting system is a nondiscretionary project. as you might expect, dan is upset. can part of a project be nondiscretionary? what issues need to be discussed? the committee meets again tomorrow, and the members will look to you, as the it director, for guidance.

Acoase solution to a problem of externality ensures that a socially efficient outcome is to