Full loss offset allows individuals to
A. claim children as dependents.
B. deduct mortgage interest from taxes.
C. deduct savings interest from taxes.
D. deduct capital losses from taxable income.
D. deduct capital losses from taxable income.
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How can a nation and its producers determine whether or not it has a comparative advantage in producing a particular good or service?
What will be an ideal response?
Lucretia puts $400 into an account when the interest rate is 10 percent. Later she checks her balance and finds it's worth about $708.62 . How many years did she wait to check her balance?
a. 5 years b. 6 years c. 7 years d. 8 years
Which of the following statements is false?
A) One of the intended effects of the health-care reform bills passed in March 2010 was for some people who had health insurance before the reform to choose to become uninsured after health-care reform. B) One of the provisions of the health-care reform bills passed in March 2010 is that individuals will be fined for not buying insurance. C) Among the provisions in the health-care reform bills passed in March 2010 is that insurance companies are prohibited from turning down a person with a preexisting disease. D) One of the objectives of the health-care reform bills passed in March 2010 was to bring more people into the pool of insured persons so that insurance policies would become cheaper.
If a product is a necessity and has no substitutes at all, demand for the product is most likely to be:
A. very inelastic. B. inelastic. C. unit elastic. D. elastic.