Answer:
Edward can deduct his $7,000 loss from his adjusted gross income (AGI). Partnerships are investments that you make regardless of whether you work for them or not. One of the key characteristics of partnerships is that they are not taxed as separate entities, they pass-through their income or losses to the partners.
Answer:
They will be less likely to rent an apartment and more likely to own a home. A product whose demand falls when income rises, and vice versa, is called an inferior good. In other words, when income increases, the demand curve shifts to the left.
For normal economic goods, when real consumer income rises, consumers will demand a greater quantity of goods for purchase. ... When nominal income increases without any change to prices, this means consumers can purchase more goods at the same price, and for most goods, consumers will demand more.
Explanation:
Answer:
d. Assessment of goal attainment
Explanation:
In cases where an alliance occurs between a parent firm and a subsidiary, the parent firm subjectively measures performance by assessing the extent to which the alliance has contributed to achieving the organization's goals.
Answer:
commodity value, representative value, and also fiat value.
C. A statistical analysis is said to have internal validity if the statistical inferences about causal effects are valid for the population being studied. The analysis is said to have external validity if conclusions can be generalized to other populations and settings.
So internal validity means the results are accurate and you can use them to make sense of the group you are studying. External validity still means the results are accurate, but that you can use them to make assumptions about the population as a whole.
So if you look at a field of cows where half are white and half are brown, you have internal validity that 50% of your sample is white and 50% is brown. This result would not have external validity because in the whole world, cows can be different colors or combinations of colors.