The ________ is a fixed amount deducted from adjusted gross income to determine taxable income

Fill in the blank(s) with the appropriate word(s).

Answer: standard deduction or personal exemption

Business

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Under the Equal Credit Opportunity Act (ECOA), a creditor cannot discriminate due to the fact that all or a part of applicants income derives from

A. a public assistance program B. steady employment C. inherited wealth D. a second job

Business

Very few purchases are guided by emotional buying motives

Indicate whether the statement is true or false

Business