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Concurrent powers give the power to borrow money.
Wiki User
∙ 9y ago
Wiki User
∙ 9y agoThe power to borrow is exactly what it sounds like. A person has the power to borrow what they need.
Wiki User
∙ 12y agoThe president can only borrow at the direction of the Congress. He has no independent power to borrow. He can sometimes move funds around from one department to another.
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What president was an avid reader and was constantly borrowing books from his neighbors?
Abraham Lincoln.
Does share capital effect borrowing power?
Yes if company has to maintain certain debt equity ratio then it can affect the borrowing power as more share capital will be adjusted to correspondant debt ratio.
A government borrowing money is an example of which type of power?
Concurrent Powers
Is borrowing money a delegated power?
To borrow money is a concurrent power. This means that the power is shared by both the State and the federal government, and is exercised simultaneously.
Does the president need congress to approve raising the debt ceiling?
No- the president has no control over borrowing or appropriating money. He has some limited control over spending, but that is only in regards to how quickly he spends money that has been appropriated for him to spend.
Who had veto power?
The President of the United States has the power to veto laws
What is the collective power vested in the president and vice president called?
The power that is vested in the President and the Vice President is called executive power. This power is expected to be exercised according to the constitution.
Veto Power of The President of the Philippines?
The veto power of the President of the Philippines is similar to the power of the United States President. The President can veto a bill, but the veto can be overridden.
Power of president?
The power of president is defined by the constitution. The president is the leader of the executive branch of the government.
What do you mean by -president's power?
It is the mortages and power of a specific president of a country.
The ordinance power refers to the power of the President to .?
The ordinance power refers to the power of the President to issue executive orders.
What are the advantages of borrowing money?
what are the advantages of borrowing money
