Answer:
Ans: $ 3900
The correct answer is :
Explanation:
Explanation:
1) For 2018 phaseout limit for AGI is $ 200,000
2) The credit phaseout by $ 50 for each $1000 of MAGI Over thereshold.
3) $ 211,200 - $ 200,000 = $11200
4) $11,200 ÷ $ 1000 = 11.2
= $ 12 (Round it off )
5) $ 12 × $ 50 = $ 600 phase out
6) Child Credit Per child is $ 2000.
7) ( 2 kids x 2,000 each ) - 600 = 3,400
8) 3,400 + 500 (1 kid 17 and over ) = 3,900
A monopoly is a market for a good or service that wants to take over another company.
If the level of incomes rises for high-income workers but doesn't change for low-income workers, "then poverty will not change and inequality will rise."
<h3>What is poverty?</h3>
Lack of resources to meet necessities like food, clothing, and shelter constitutes poverty. But poverty goes far beyond simply not having enough money.
According to the World Bank, poverty is as follows:
- Hunger is poverty.
- Absence of shelter is poverty.
- Being sick and unable to visit a doctor is poverty.
- Being illiterate and lacking access to education are both aspects of poverty.
- Living day by day and not having a job are all signs of poverty.
Some faces of poverty is also-
- Poverty has been characterized in a variety of ways and takes on several forms that vary from place to place and over time.
- Most of the time, people desire to get out of poverty.
- Therefore, poverty is a call to action for both the wealthy and the poor, a call to alter the world so that more people may have access to food, shelter, education, and healthcare, as well as protection from violence and a voice in local affairs.
Therefore, rarely is there a single source of poverty. Some people don't have enough money due to a number of circumstances, including growing living costs, low salary, unemployment, and insufficient social security benefits.
To know more about factors cause poverty in low-income nations, here
brainly.com/question/1985270
#SPJ4
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
