The correct answer is B: Payments made to Joe's mother who lives with them but does not qualify as their dependent.
Further Explanation:
The Child and Dependent Care Tax Credit can be used when filing taxes if all the requirements are met. In this case, Joe's mother will fit the requirement and they can use her services to qualify for the credit. According to the IRS website, they can not use a dependant or a child of their own, not a dependant, under the age of 19 to get this credit. However, they can use someone in the home as long as they are not listed as a dependant on the tax form.
To get the Child and Dependent Care Tax Credit the family must meet several requirements such as;
- Paying someone to watch the qualifying child
- The care provider is not a dependent
- Child care was paid for so the parents could work, go to school, or was disabled.
Learn more about the Child Tax Credit at brainly.com/question/12845462
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The person who receives financial protection from a life insurance plan is called a Beneficiary. I think
Answer:
The correct answer is (B)
Explanation:
Aspire test is taken by the students in third through tenth grade. This test aims to build constructive knowledge and to test the student’s ability to handle math, science, reading and writing. The test helps to analyse the abilities of the students and to check and examine the flaws in the system. Aspire test is based on constructive responses, technological responses etc.
Answer:
$ 600 per unit
Explanation:
Given:
selling price in the market = $ 600 per unit
From the given question it can be concluded that the firm is selling produce in the perfectly competitive market.
Now,
In the perfectly competitive market the marginal revenue is the selling price of the product.
Therefore, for the given question
the marginal revenue per unit = selling price = $ 600 per unit
Answer:
The correct answer is letter "D": the minimum wage.
Explanation:
Price floors are limits imposed by the government on certain prices securing those prices will not fall below what the regulation establishes. Price floors benefit providers of goods and services by allowing them to earn at least a minimum amount to cover the operations of their businesses.
<em>The minimum wage set by the government is an example of a price floor since, by law, no employee should earn less then what the minimum wage is given a certain period otherwise the employee could be fined.</em>