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Both the national and the state governments have the power to collect taxes and to borrow money These are a good example of what?
Wiki User
∙ 14y ago
Concurrent powers
Wiki User
∙ 14y ago
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Both the national and the state governments have the power to collect taxes and to borrow money. These are a good example of which of the following?
to be smarter
What powers are exercised simultaneously by the national and state governments?
-enforce laws -establish courts -borrow money -secure the population -build an infrastructure -collect taxes -make laws
What do the national and state governments have in common?
People of common traits with the ability to govern
Which are the powers that are held by both the national government and state governments such as the ability to levy excise taxes and borrow money called?
concurrent powers
Why people say that money is borrowed into existence?
The requirement for governments to borrow from the private banking sector to finance public expenditure forms the National Debt
Can state governments borrow money?
yes state can borrow money from union and even outside the country
Who has concurrent powers?
Concurrent powers of the individual states and federal government: Power to (1) tax (2) establish a standing army - military/national guard (3) legally adjudicate in courts of law (4) convict and hold people in jail/prisons (5) build and maintain roads (6) hold elections You're Welcome
Why do governments of coastal West African countries have to borrow money?
they dont have any
Is there ever a sound economic reason for governments to spend more than they collect in taxes and borrow the difference?
Yes, if the need is great and the spending will result in increased earning and a greater ability on the part of the country's people to pay the taxes in the future.
What are two Powers the US and Florida governments share?
Borrow money and levy taxes
Which powers are concurrent or shared by the states and federal government?
the 3 concurrent powers shared by the national and state government are trade,commerse, and education.
Why do governments of castal west African countries have to borrow money?
Governments in coastal West African countries may need to borrow money to finance infrastructure projects, social programs, or to cover budget deficits. Economic challenges or revenue constraints can also lead to borrowing. It allows governments to continue operating and investing in development despite limited fiscal resources.
