Answer:
Please find the detailed answer as follows:
Explanation:
a) The cost of obtaining an MBA degree for someone who is employed in a business position normally is a deductible education expense. But if the reason for taking course is to qualify her for a new trade or business then the expense will not be deductible or disallowed.
Reasons Deductible or Nondeductible
- It is to maintain or improve existing skills required in her present job. Deductible
- It is to meet the minimum educational standards for qualification in her existing job. Deductible
- It is to qualify her for a new trade or business. Nondeductible
.
- It is to meet the express requirements of her employer or the requirements imposed by law to retain her employment status. Deductible.
b) $4,000 will be allowed as deduction for qualified tuition under § 222. Except for this amount of tuition portion, Jamie must itemize to claim the deduction and it will also be subject to the 2% of AGI limitation.
The answer is model.
A description of a theory or idea that accounts for all known properties and is used because the object or system being studied is too small or large is a model.
<h3>What is a model in science?</h3>
Models are representations of things that are frequently too challenging (or impossible) to observe or present firsthand. A model can only accurately describe specific characteristics of a physical system, despite being supported by experiments. In a range of scientific disciplines, from physics and chemistry to ecology and the Earth sciences, scientific models are employed to explain and forecast the behavior of real things or systems.
To know more about scientific model visit:
brainly.com/question/14250312
#SPJ4
By employing such an organizational structure, Century Motors most likely set up a <u>Matrix Organization. </u>
A Matrix organization:
- Incorporates people from multiple departments and functions
- Will see people answering to multiple managers of those various departments
- Usually disband after a project is done
The actions of Century Motors are in line with a Matrix Organization in that people from multiple functions were incorporated into the team and the team will disband when the project is done.
We can therefore conclude that this is a matrix organization.
<em>Find out more at brainly.com/question/7437866.</em>
Answer:
a. If policymakers wish to prevent the equilibrium price level from changing in response to the oil price increase, they should decrease the quantity of money in circulation because that will put a check on demand of oil in the market which will prevent the equilibrium price rise.
b. If policy makers wish to prevent equilibrium real GDP from changing in response to the oil price increase then the key is to control inflation.In order to do that, money circulation should be decreased so that the demand of oil could lower down and inflation remains in check.
c.Yes, it is possible to stabilize both the price level and real GDP simultaneously in short run because firms possess fixed factors like prices and capital and other factors of production.If policymakers need to stabilize prices and real GDP then inflation should be controlled by decreasing money circulation quantity so that other fixed factors of production firms like capital or wages could be used in order to keep the prices stable for short term.