Which of the following is an allowable deduction?
A. Unreimbursed medical expenses that exceed 7.5% of AGI
B. State and local income and property taxes
C. Interest on qualified education loans up to a certain limit
D. All of the answer options are correct.
D. All of the answer options are correct.
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. An employer that only employs applicants who have college degrees is an example of
A. proofing. B. moral hazard. C. screening. D. mandating that information be shared.
If the labor market is perfectly competitive the wage rate will be less than the marginal revenue product of labor
a. True b. False Indicate whether the statement is true or false
All of the following are government imposed quantity restrictions except
A) A ban on a good making it illegal to own the good B) Import quotas C) Licensing certain activities D) Rent controls
The long position in a futures contract is the party that will:
A. benefit from decreases in the price of the underlying asset. B. accept the greater share of the risk. C. agree to make delivery of a commodity or financial instrument at a future date. D. benefit from increases in the price of the underlying asset.