Considering the situation described above, Carol may qualify for "<u>the Additional Child Tax Credit."</u>
<h3>What is Additional Child Tax Credit?</h3>
Additional Child Tax Credit is defined by the Internal Revenue Service (IRS) as the refundable credit individuals may receive if their Child Tax Credit is more than the total amount of income taxes they owe, in as much they meet other listed requirements.
Given that Carol has more than one child, this may lead to Additional Child Tax Credit for her, in as much her children qualified or eligible for the Additional Child Tax Credit.
Hence, in this case, it is concluded that the correct answer is option A. "<u>The Additional Child Tax Credit."</u>
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Costs that increase as production increases and decrease as production decreases are <u>Variable costs</u> .
A Variable cost is a corporate cost that adjusts in percentage to how plenty a business enterprise produces or sells. Variable charges grow or lower depending on a corporation's production or income quantity—they rise as production will increase and fall as manufacturing decreases.
Variable costs are fees that change as the quantity adjustments. Examples of variable fees are raw materials, piece-price hard work, manufacturing components, commissions, delivery fees, packaging substances, and credit score card expenses. In a few accounting statements, the Variable prices of manufacturing are called the “price of products bought.”
Variable fees are fees that alternate as the amount of the coolest or carrier that a business produces modifications. Variable prices are the sum of marginal charges over all units produced. They also can be taken into consideration normal charges. Constant charges and variable fees make up the 2 components of the overall price.
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Branson,we have to turn the 1.6% into a decimal by moving the decimal point two spaces away from the percent sign, then multiply by 120,000 .016($120,000) = $1920
Answer:
Inflationary; lower; shortage
Explanation:
If the real GDP is higher than Natural Real GDP, this implies that the economy is in an inflationary gap.
This means that the economy is expanding. The real unemployment level is likely to be lower than the natural unemployment rate.
This means that there is no cyclical unemployment in the labor market and only structural and frictional unemployment exist.
Answer:
The correct answer is option c.
Explanation:
A consumer price index measures the change in the price level of weighted average of a basket of goods and services purchased by the consumers.
GDP deflator measures the change in the price of all domestically produced goods and services.
A change in the price of domestically produced industrial robots will be included in the GDP deflator as it includes the prices of all domestically produced goods and services.
But it will not be included in the CPI as the industrial robots are not purchased by consumers in households, they are not consumer goods.