Justin,age 42 and Divorced,is the Sole Support of His Mother,age

question 20

Multiple Choice

Justin,age 42 and divorced,is the sole support of his mother,age 69,who resided in a local nursing home for the entire year.Justin's mother had no income for the year.Justin's filing status and the number of exemptions he can claim are:

• A)Single and 1 exemption
• B)Single and 2 exemptions
• C)Head of household and 1 exemption
• D)Head of household and 2 exemptions

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Definitions:

Euro

The official currency of 19 out of the 27 European Union countries, known collectively as the Eurozone.

Net Exports

The value of a country's total exports minus its total imports; it can be a positive number (trade surplus) or a negative number (trade deficit).

Imports

Products or services imported into a country from another for the purpose of selling or utilization.

Net Exports

The value of a country's total exports minus the value of its total imports, measuring the net income from foreign investments.