Which of the Following Is a Refundable Credit

question 37

Multiple Choice

Which of the following is a refundable credit?

• A)Dependent care credit
• B)Residential energy credit
• C)Lifetime learning credit
• D)Earned income credit

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Definitions:

Economies Of Scale

The cost advantage that arises with increased output of a product, where the average cost per unit decreases as the scale of production expands.

International Trade

The exchange of goods, services, and capital between countries, driven by comparative advantages and market needs.

Domestic Producers

Businesses or manufacturers that produce goods within their own country rather than importing them from abroad.

Trade Sector

An economic segment that involves the exchange of goods and services across domestic and international boundaries.