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laila [671]
3 years ago
9

During year 2018, Rebekah, a 20-year-old full-time student, earned $3,400 during the year and was not eligible to participate in

an employer-sponsored retirement plan. The general limit for deductible contributions during 2018 is $5,500. How much of a tax-deductible contribution can she make to an IRA?
$0 (Full-time students are not allowed to participate in IRAs)
$3,400
$5,500
$8,900
Business
1 answer:
WINSTONCH [101]3 years ago
6 0

Answer:

The answer is: $3,400

Explanation:

Rebekah can contribute the full $3,400 she made during 2018 to her individual retirement account (IRA). Tax deductible contributions are limited to $5,500 or less per year, or in cases like Rebekah's, if the total amount of earned income is below $5,500 it can be fully contributed to her account.

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D. The company tells employees that their work matters.

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Every employer desires to attract and retain the best workers.  Employees are more likely to stay in an organization for longer if they feel appreciated. Other than monetary compensation, employees feel motivated to work when their efforts and contributions are recognized.

Burger Bliss should let their employees feel important. They should communicate to employees both in words and actions how much the company values their input.

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3 years ago
Walter had to invest. He split the money into three types of investment: small caps earning , global market investments earning
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a big number

Explanation:

6 0
2 years ago
Consider a corrupt provincial government in which each housing inspector examines two newly built structures each week. All the
Anarel [89]

Answer:

a) If bribes cost $1,000 each, how much will a housing inspector make each year in bribes?

So, if the corrupt inspector approves two newly built structures each week, ti means that he is bribed twice per week. There are 52 weeks in a year, so he gets a total of 104 bribes (52 x 2). If each bribe costs $1,000, then he makes a total of: $1,000 x 104 = $104,000 in bribes per year.

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7 0
3 years ago
Assume the price elasticity of demand (Ed) is 0.4 for gasoline in the long run. Some argue that we need a 50% reduction in gasol
dybincka [34]

Answer:

125%

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7 0
3 years ago
Suppose the current price of a good is $195. At this price, the quantity supplied is 160 units, and the quantity demanded is 200
KonstantinChe [14]

• eqm Q = 175

• eqm P = $ 190

<u>Explanation:</u>

At current price,  Quantity Demanded is less than Quantity supplied

As Qd = 200, Qs = 160

• so market is currently experiencing a deficiency, as Qd > Qs

•so to adjust, market price will incraese,

so that Quantity Demanded decrease & Quantity supplied increases, till Qd = Qs

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P = 190, Qd = 175, Qs = 175

6 0
3 years ago
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