Answer:
Include all income; deduct no expenses
Explanation:
The Tax Cuts and Jobs Act changed the way hobby expenses and income is taxed. Since 2019, any income generated by a hobby is taxed as ordinary income (not subject to self employment taxes) but any expenses related to your hobbies are not deductible any more. Until 2018, you could deduct hobby expenses as long as they were above 2% of your gross income and they didn't hobby income.
The basic economic problem is that of scarcity and choice. This is because people have infinite wants in the face of limited resources, therefore decisions have to be made. The basic economic problem ensures that every society has to decide what to produce, how best to produce it, and for whom to produce it.
Answer:
he price of a 6-month call option on C.A.L.L. stock is 15.27
Explanation:
The price of a 6-month call option on C.A.L.L. stock at an exercise price of $125 is computed as;
Where as,
C = Value of call,
X = strike price,
P = value of put ,
S = Stock price
Thus,
C + 120 = 135.27
C = 15.27
A continuous decrease in the level of prices over time is called deflation. It involves the contraction of the supply of money in an economy. The opposite of such is inflation. During this time, the power of the currency and the wages are high than what is normal. It causes for capital, goods, services and labor costs to be lower. Monetary deflation can be caused by the decrease in supply of money or instruments that can be redeemed by money. In present, the supply of money is influenced by the central bank of each nation. Price deflation can be caused by a decrease in the demand of the goods and services and also increase in the productivity of the economy.
The answer is TRUE, self disclosure occurs over time with people from different backgrounds
