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mojhsa [17]
3 years ago
11

Brandy has some money saved for college and also receives a work-study position to help pay for her college tuition. If Brandy g

raduates from college, will she have to pay the work-study compensation back? Why or why not?
Select the best answer from the choices provided.
A. She will not have to repay the work-study compensation because that income is not a loan.
B. She will have to repay the work-study compensation if she attended an out-of-state college.
C. She will not have to repay the work-study compensation if her parents paid part of her college expenses.
D. She will have to repay the work-study compensation if she paid part of her college expenses from her savings.
Business
1 answer:
Elanso [62]3 years ago
6 0
Brandy has some money saved for college and also receives a work-study position to help pay for her college tuition. If Brandy graduates from college, she will not have to repay the work-study compensation because that income is not a loan.

Thus the answer is letter A.
<span>>>The work-study program caters part-time employment to undergraduates and graduates to help with college expenses. There are two different kinds of work-study: Federal Work-Study and non-Federal Work-Study.</span>
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Inflation is 20 percent. Debt is $2 trillion. The nominal deficit is $300 billion. What is the real deficit or surplus
algol13

Answer:

Real deficit is -$100 billion.

Explanation:

Since we have a nominal deficit in the question, what we are to calculate is the real deficit.

The real deficit can be described as the actual or nominal deficit that has been adjusted for the effect of inflation on the debt. Therefore, the real deficit can be calculated using the following formula:

Real deficit  = Nominal deficit - (Debt * Inflation rate) ................. (1)

From the question, we have:

Inflation rate = 20%

Debt = $2 trillion = $2,000,000,000,000

Nominal deficit = $300 billion = $300,000,000,000

Substituting the values into equation (1), we have:

Real deficit = $300,000,000,000 - ($2,000,000,000,000 * 20%)

Real deficit = $300,000,000,000 - $400,000,000,000 = -$100,000,000,000 = -$100 billion

Therefore, real deficit is -$100 billion.

4 0
3 years ago
Why is it important to distinguish between unilateral and mutual mistakes?
SVEN [57.7K]

Answer:

The correct answer is because it determines which contracts could be voidable

Explanation:

A unilateral mistake is when just one party to a contract is mistaken as to the terms contained in a contract.

Commonly, the unilateral mistake does not make a contract void; The mutual mistake makes it.

6 0
3 years ago
A homeowner hired a contractor to finish her basement. They agreed on a price of $20,000 for the job. During the final stages of
Anestetic [448]

The inference is that the contractor will prevail because the homeowner agreed to the price increase.

<h3>What is an inference?</h3>

It should be noted that an inference simply means the conclusion that can be deduced based on the information given.

In this base, inference is that the contractor will prevail because the homeowner agreed to the price increase.

Learn more about inference on:

brainly.com/question/25280941

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4 0
2 years ago
In the short run, output: Group of answer choices May be altered by varying the size of plant and equipment which now exist in t
Daniel [21]

Answer: The correct answer is "Can vary as the result of using a fixed amount of plant and equipment more or less intensively".

Explanation: In the short run, output: Can vary as the result of using a fixed amount of plant and equipment more or less intensively.

In a short-term context, production can only vary as a result of more intensive use of the plant producing more or less intensive use of the plant producing less.

5 0
3 years ago
The federal government levies _____________________________ on people who pass assets ____________________________, either after
Ierofanga [76]

Answer:

The answer is A: an estate and gift tax; to the next generation

Explanation:

A deceased person often via a will or according to laws of intestacy  transfers the benefit and ownership of an estate to relatives or others without any consideration. the tax paid on such a transferred asset is called estate tax. This type of tax is often imposed on the property. But practice differs as some tax jurisdictions do impose estate tax on the beneficiary of the deceased property in which case it is called inheritance tax.

Such a tax is not to be imposed if the property is bequeathed to a spouse or a charity recognized under the Federal laws.

When an individual transfers properties during his life time to another without receiving full consideration in any form in return, the tax imposed on such transfer of ownership of asset is known as gift tax. The tax is usually imposed on the giver or transferor of the assets unless a retention of an interest exist which will likely delay the completion of the gift

The major difference between an estate tax and gift tax is that estate tax is tax on transfer of property without consideration to others after demise or death. Gift tax is a tax on transfer of ownership of property without consideration during the giver's lifetime (often called an inter vivos gift)

3 0
3 years ago
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