Because Fredrick can not claim his father as a dependent then, the filing status that can Fredrick use is Single.
<h3>What is a filing status?</h3>
A filing status is a tax status that is used to determine a taxpayer's filing requirements, standard deduction, eligibility for certain credits, correct tax etc.
In conclusion, because Fredrick can not claim his father as a dependent then, the filing status that can Fredrick use is Single.
Read more about filing status
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Answer:
The correct answer is option B.
Explanation:
A monopolistic firm is characterized by a large number of buyers and sellers in the market producing differentiated products which are close substitutes, there are relatively easier entry and exit in the market.
In the given question, Teen Angle Hardware is looking for a niche or a slightly differentiated product to sell to teenagers. But is able to earn only a normal profit because there is a large number of firms in the market. And new firms can enter the market in the long run. So, this firm is an example of a monopolistic firm.
Answer:
C. State governments submit their budget proposals.
Explanation:
The Federal budget is a budget for the entire country. It is an estimate of the expected government revenue and expenditure for a fiscal year.
The first step in the federal budget preparation involves submitting proposals by the government department and agencies. These are the federal agencies such as security agencies. They submit their expenditure proposal to the Whitehouse. All agencies' proposals make up part of the president's budget request.
Answer:
Year 1= 1.5%
Year 5= 3.5%
Year 10= 3.5%
10 year nominal interest rate will be 3.5%
Explanation:
