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andre [41]
3 years ago
5

Alan, 46, and Donna, 33, are filing a joint return for 2019. Neither is blind, and neither can be claimed as a dependent. They d

ecide not to itemize their deductions. What is their standard deduction
Business
1 answer:
maksim [4K]3 years ago
8 0

Answer:

$24,400

Explanation:

Assuming that Alan and Donna are married and they decide to file their taxes together, the standard deduction for 2019 taxes was $24,400.

The standard deduction increases if you or your spouse is over 65 years old, or if any of you is blind. The standard deduction generally increases a little bit every year, e.g. during 2018 it was $24,000 and for 2020 it is $24,800.

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Which of the following statements support the claim that incentives matter? Explain why or why not. 1. When income transfers to
siniylev [52]

Answer:

1. When income transfers to the able­bodied poor increase, the recipients will have less incentive to work.

The incentive to work for most people is earning a wage to make a living.

For the poor, this incentive is even more so, because usually, the lack of work for them means severe lacking in their material needs: shelter, food, clothing, electricity, drinking water, and so on.

If the poor are given income transfers from the government, they will have less incentive to work simply because they now obtain some income without the need of doing so.

The incentive to work is reduced even more if the income transfers to the ablebodied poor increase so much that they become higher than the minimum wage. In a situation like this, many ablebodied poor will simply stop searching jobs because they can earn more money from the government by not working.

6 0
3 years ago
Paid to prem rs1400 and settled his account​
N76 [4]
I don’t understand what you are trying to say or what your question is?
6 0
3 years ago
What is a deductible?How does deductible affect insurance
Whitepunk [10]
In an insurance policy, the deductible is the amount paid out of pocket by the policy holder before an insurance provider will pay any expenses.

The lower a plan's deductible, the higher the premium. You'll pay more each month, but your plan will start sharing the costs sooner because you'll reach your deductible faster.
7 0
3 years ago
Money demand refers to a how much income people want to make per year. b how much wealth people want to hold in liquid form. c t
scoray [572]

Answer:

b. how much wealth people want to hold in liquid form.

Explanation:

Money demand refers to the amount of liquid assets or wealth, which can be quickly converted to cash, an individual desires hold at a particular point in time, which enables the individual to easily carry out transactions such as exchange of goods and services. It is simply referred to as the desire of people to hold cash. It does include illiquid physical assets that cannot be quickly converted to cash. It includes cash or bank deposits.

5 0
3 years ago
A monopoly, unlike a perfectly competitive firm, has some market power. Thus, it can raise its price, within limits, without qua
yanalaym [24]

Answer:

The correct answer is: legal barriers.

Explanation:

A monopoly is a market structure where there is only a single firm, there is a restriction on the entry of firms. This gives firms a certain degree of market power.  

The monopolies are able to retain their market power through restrictions on the entry of other potential firms. These restrictions are of different types such as exclusive ownership of a resource, legal barriers, increasing returns to scale.  

In this particular scenario of patents, the barrier to entry is a legal barrier. The other potential firms are legally restricted to enter the market as they do not hold a patent.

7 0
3 years ago
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