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lidiya [134]
3 years ago
5

Laura is a student at a state university. In 2018, she received a scholarship of $6,000 for tuition and fees and an assistantshi

p for $3,000. What is the amount that Laura must report in income?
a. $9,000.
b. $0.
c. $3,000.
d. $6,000.
Business
1 answer:
lidiya [134]3 years ago
7 0

Answer: c. $3000

Explanation:

The amount Laura is required to report income is $3000 from her assistantship as this is regarded as a form of salary. While most of the income one earns through work or investments is required to be reported and are subject to federal income tax in some instances, certain categories of income that the government doesn't tax such as money from qualified scholarships. This is the reason the $6000 is not included in income. However, if some portions are used to pay for accommodation or personal expenses, that portion is usually reported.

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Answer: Option (D) is correct.

Explanation:

Correct: The country’s production possibilities curve will shift out.

The production possibility frontier shows different combination of two goods that are to be produced with the available resources. It also shows the point on the curve which represents the efficient level of quantity to be produced.

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Hence, there is an outward shift in the production possibility frontier.

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Explanation:

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Answer: $86700

Explanation:

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3 years ago
A study was done on the campus of a major state institution to measure attitudes of students to-wards the recent fee increase. O
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Answer: Ordinal scale.

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You purchased a bond at a price of $1,700. In 20 years when the bond matures, the bond will be worth $10,000. It is exactly 13 y
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Answer:

<u>Annual rate of return which will be earned from today is 5.89%</u>

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8 0
2 years ago
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