Which of the following are U.S. taxpayers allowed to adjust for inflation for the purpose of income taxes?
a. both interest income and capital gains.
b. interest income but not capital gains.
c. capital gains but not interest income.
d. neither interest income nor capital gains.
d
Economics
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In the short run, the price at which a firm's total revenues equal its total costs is
A) a point of positive profits. B) a no return price. C) the short-run shutdown point. D) the short-run break-even point.
Economics
If the MPC in an economy is .9, a $1 billion increase in government spending will ultimately increase consumption by:
A. $1 billion. B. $0.9 billion. C. $10 billion. D. $9 billion.
Economics