All-inclusive vacations are not an example of expenses that are not allowable tax deductions.
<h3 /><h3>What are the tax deductions allowed?</h3>
They correspond to a form of exemption and credit in taxation, such as interest on a home mortgage, unreimbursed healthcare costs and charitable donations.
Therefore, tax deductions contribute to a reduction in taxable income and in the amount of taxable tax.
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Answer:
D. Person C
Explanation:
Taxable income is the difference between the gross pay and all authorized deduction.
For person A : taxable income = $50,000 - $5000 = $45,000
For Person B: taxable income =$60,000 - $10,000 = $50,000
For Person C: taxable income= $90,000 - $30,000 = $60,000
For Person D: taxable income=$ 100,000 - $60,00= $40,000
Person C has the highest taxable income with $60,000
Answer:
d. a comparative advantage in capital goods.
Explanation:
I'm not sure how these numbers should go, but I think it should be:
Capital Goods Consumption Goods
Ironbridge 32 40
Broseley 40 80
Ironbridge's opportunity cost to produce 1 capital good = 40 / 32 = <u>1.25</u> consumption goods
Ironbridge's opportunity cost to produce 1 consumption good = 32 / 40 = 0.8 capital goods
Broseley's opportunity cost to produce 1 capital good = 80 / 40 = 2 consumption goods
Broseley's opportunity cost to produce 1 consumption good = 40 / 80 = <u>0.5</u> capital goods
Ironbridge has a comparative advantage int he production of capital goods (lower opportunity cost) while Broseley has a comparative advantage in the production of consumption goods.
Opportunity costs refers tot he extra costs or benefits lost resulting from choosing one activity or investment over another alternative. In this case,, if Ironbridge wants to produce 1 capital good, it will have to forego 1.25 consumption goods.
Answer: Option D
Explanation: Culture jamming refers to a strategy that is used by non-consumer social protests to undermine or suppress media environment and its dominant public institutions, namely corporate propaganda.
Culture jamming refers to a method of subvertising. Many cultural jams are meant to disclose the advertisement tradition to debatable political assertions. Culture jamming utilizes the tactic of diversion, which thinks in terms and imagery of the dominant model or heritage to attack the framework or heritage in a provocative way.
Thus, from the above we can conclude that the correct option is D.
The space between the official rate and the broader fee modifications over the path of the business cycle. greater specifically, for the duration of the gap is probable to the exertions marketplace is beneath strain.
Legit trade price refers back to the alternate fee determined by way of country-wide government or to the rate decided inside the legally sanctioned exchange marketplace. it's far calculated as an annual average primarily based on month-to-month averages (neighborhood currency devices relative to the U.S. dollar).
The official rate refers to the exchange charge determined via national authorities or to the fee decided within the legally sanctioned trade market. it is calculated as an annual common based totally on monthly averages (nearby forex units relative to the U.S. greenback).
Official rate: The legitimate exchange rate is the price of change announced by using a country's foreign exchange administration. typically used by countries with strict foreign exchange controls. market fee: The marketplace alternate price refers to the actual alternate charge for trading foreign exchange inside the loose market.
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