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What is a goal of federal economic policy?

The goal of a federal economic policy is to create a healthy economy in the country that benefits every citizen. The goals of federal economic policy include: maintain stable prices, full employment, economic growth.


What is ebt?

Electronic Benefit Transfer (EBT) is an electronic system that allows a recipient to authorize transfer of their government benefits from a Federal account to a retailer account to pay for products received.


How much money did the Federal government collect for its income tax during the US Civil War?

During the US Civil War, the Federal government made many efforts to raise funds to pay for the war. For the first time in US history the government passed a progressive income tax. During the war years they collected $55 million.


What are the advantages of having the Federal Reserve oversee the regulation of the banking system?

There many valuable benefits for a bank becoming a member of the Federal Reserve System. Some are these: A. Borrowing funds from Federal Reserve Banks when needing them on a short term basis; B. Using the facilities of Federal Reserve Banks for check clearing and funds transfer; C. Obtaining foreign currencies; D. Sharing in the economic research materials the Federal Reserve works on at all times; and E. Participating in the elections of Federal Reserve Directors.


Why was the passage of the 16th amendment and the federal reserve act significant change in the economy of the us?

The 16th Amendment let Congress collect income taxes which promted the creation of a progressice income tax that fell more heavily on the rich. This allowed more money to be collected from those who had more.

Related Questions

How long can you collect unemployment benefits in Maryland?

The state of Maryland offers unemployment benefits for a maximum duration of 26 weeks. The only case in which benefit period can be in excess of 26 weeks is if a Federal Extension program is available, which will be notified to the beneficiary. In all other cases only 26 weeks benefits can be claimed in one benefit year.


How long can a person collect unemployment benefits in the state of North Carolina?

The standard period of benefits is from 13 to 26 weeks, depending on the formula in the Related Link below. Then the federal extension would kick in, for whatever period that would be.


Can you collect state disability and federal disability same time?

Yes, it is possible to collect both state disability benefits and federal disability benefits simultaneously, but there are specific rules that apply. State disability programs vary by state and may have different eligibility criteria and benefit amounts. However, receiving state disability benefits might affect the amount of federal disability benefits you receive, as some states offset their payments with federal benefits. It's essential to check the regulations in your state and consult with a benefits advisor for personalized guidance.


can you Federal extension for unemployment benefits?

Yes, individuals can apply for a federal extension of unemployment benefits under certain circumstances, particularly during times of high unemployment or economic downturns. These extensions are typically enacted through legislation and may vary by state and situation. Applicants should check with their state unemployment office for specific eligibility requirements and application procedures for federal extensions.


How long can i collect unemployment in RI?

In Connecticut you can collect unemployment benefits for up to 26 weeks. Part of the stimulus plan the Federal Government has allowed an extension of 20 weeks and an additional 13 weeks for states with an unemployment rate of 6% or more, which includes CT (currently at 8%). So as of now you can collect for up to 59 weeks. The stimulus plan expires Dec 31 2009, it may or may not be extended.


Is the state of Texas part of the federal- extension program for Unemployment benefit?

Yes, Texas participates in the federal extension program for unemployment benefits. This program provides additional benefits to individuals who have exhausted their regular unemployment insurance. The availability and specifics of these extensions can vary based on economic conditions and federal legislation. It's essential for individuals to check with the Texas Workforce Commission for the most current information and eligibility requirements.


How do you get an extension on unemployment in Kentucky?

To request an extension on unemployment benefits in Kentucky, individuals should first check their current eligibility and the status of their benefits through the Kentucky Labor Cabinet website. If they are eligible for an extension, they can apply by submitting the necessary forms online or by phone. It's also important to stay updated on any federal or state programs that may offer additional benefits. For specific guidance, contacting the local unemployment office can provide tailored assistance.


Are you penalized for moving from the state of Pennsylvania when you retire and collect your benefits?

If you're referring to unemployment benefits, you can't continue receiving them if you truly retire. If you mean Social Security benefits, they're Federal and where you live is immaterial to receiving them, so there's no penalty there.


Are Maryland drivers licenses in compliance with the federal REAL ID Act?

Yes, Maryland drivers licenses are in compliance with the Federal Real ID Act.


Is a Colorado state income tax extension automatic?

Yes, as long as you file the extension for your Federal return.


When will the new unemployment extension benefits be available in Nevada?

As of my last update, specific timelines for new unemployment extension benefits in Nevada can vary based on federal and state decisions. Typically, any new extensions or changes to unemployment benefits would be announced by the Nevada Department of Employment, Training and Rehabilitation (DETR). For the most accurate and up-to-date information, it's recommended to check their official website or contact them directly.


Are Medicaid funds deposited in an individual's bank account subject to efforts by credit card companies attempting to collect a debt?

No. Federal and/or state benefits are exempted from creditor attachment.