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serg [7]
4 years ago
12

Which of the following is a false statement about health savings accounts (HSAs)?a. HSAs are available to any taxpayer using a h

ealth plan purchased through the state or federal exchange under the Affordable Care Act.b. Distributions from HSAs which are not used to pay qualifying medical expenses are generally subject to a 20 percent penalty as well as income taxes.c. Taxpayers who contribute to an HSA must carry qualifying high-deductible health insurance.d. Taxpayers must contribute to the HSA by April 15 of the year following the tax year for which they want the deduction.e. Distributions from HSAs are not taxable when used to pay qualifying medical expenses.
Business
1 answer:
Rom4ik [11]4 years ago
8 0

Answer: HSAs are available to any taxpayer using a health plan purchased through the state or federal exchange under the Affordable Care Act

Explanation:

Health Savings Account simply works with a health plan which possess a high deductible. An individual can just save the money he or she has in their HSA account before the taxes will be deducted and the funds can be used to pay for expenses relating to health.

The statement about health savings accounts (HSAs) that is not true is that HSAs are available to any taxpayer using a health plan purchased through the state or federal exchange under the Affordable Care Act.

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In one of his weekly broadcasts, the Federal Reserve Chairman remarked that inflation had begun to tick upward. However, unemplo
VLD [36.1K]

Answer:

D) Monetary, fiscal

Explanation:

The Fed's dual mandate is to first promote a strong economy, but at the same time it must promote maximum employment, stable prices and moderate long term interest rates.

Monetary policy is carried out by the Fed through open market operations where it purchases or sells US securities, decreasing or increasing interest rates, and increasing or decreasing the money supply.

But if the interest rates are near 0, then the actions of the Fed are very limited regarding an expansionary monetary supply that would boost the economy and lower unemployment. There is basically no more room for lowering the interest rates.

So that means that the government must modify its fiscal policy to try to boost the economy. The government can either by increase spending, decrease taxes or a mixture of both. In this particular case, the Chairman of the Fed favors lowering decreasing taxes.

3 0
3 years ago
Accounting assessment q15/15 assigning indirect costs to specific jobs is completed by _____.assigning indirect costs to specifi
borishaifa [10]

Assigning indirect costs to specific jobs is completed by D. applying indirect costs to work in process.

<h3>What are indirect costs?</h3>

Indirect costs are costs that are not directly traceable to cost objects (e.g. a job, product, or service unit).

Indirect costs are overheads incurred as a result of a business activity but without direct impact.  For example, utilities, office supplies, etc. are all indirect costs.

Thus, assigning indirect costs to specific jobs is completed by D. applying indirect costs to work in process.

Learn more about indirect costs at brainly.com/question/24762880

#SPJ1

5 0
3 years ago
Select the correct answer.
KiRa [710]

Answer:

B is the answer

Explanation:

8 0
3 years ago
Diversification tends to increase portfolio performance, because:____.
AfilCa [17]

Answer:

D. A diverse portfolio is more likely to have a stock inside of it that performs amazingly well.

Explanation:

Diversification of portfolio means adding different stocks / shares in investment portfolio.

Option D is correct because when we have different kind of stock, there are chances that if one fails to perform, one can outperform and it is likely to have a stock which can perform amazingly well.

Now we will see that why all the options are incorrect one by one.

option A is not true because it is not necessary that diverse portfolio cannot fail altogether. So it cannot be guaranteed that it will have higher return for sure.

Option B is not true as diverse portfolio cannot have lower volatility if all perform like same.

Option C is also incorrect as correlation is not necessary in diverse portfolio.

5 0
3 years ago
Which is a characteristic of the factors of production?
balandron [24]
The answer is scarcity.

4 0
3 years ago
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