Answer:
$5,000
Explanation:
Money received as scholarship and used to pay for tuition or related expenses is not included in the gross income. So the $1,000 scholarship from the Thespian Club and the $4,000 scholarship from the Elks Lodge are not taxable. The only taxable income that Henry earned is the $5,000 that he was paid for being a dorm supervisor.
Any contractual arrangement between governments addressing their trading interactions is referred to as a trade agreement. Trade treaties can be bilateral or multilateral, that is, among two or more states.
<h3>Why are trade agreements important?</h3>
Countries engage in international trade because there are financial benefits to be had. These benefits include expanded product diversity, cheaper pricing, superior quality, enhanced technological spread, and increased consumption by the country as a whole. Increased trade openness has been associated with higher GDP growth.
Thus Option C is correct about the trade agreement.
For more information about the Trade agreement refer to the link:
brainly.com/question/1550074
The process by which an increase in government borrowing results in less borrowing by businesses and consumers for private investment is called expansionary fiscal policy.
<h3>What Is Expansionary Fiscal Policy</h3>
Expansionary fiscal policy refers to an increament in government spending, a decrease in tax revenue, or a combination of the two.
Expansionary fiscal policy is aimed at spurring economic activity and drive development.
Learn more about Fiscal policy at brainly.com/question/6583917
A
When you go into credit (the red) you basically loan money which means that you have to pay a "fine" called interest. so the more you loan and depending on the type of loan, the more interest you will pay.
Answer:
a. restructuring action whereby a party buys all of the assets of a business, financed largely with debt, and takes the firm private
Explanation:
In a leveraged buyout, a firm is acquired using debt. The assets of the company are usually used as a collateral for the loans used a leverage buyout.
I hope my answer helps you