A Tight Social Framework in Which People Expect Others in Their

question 13

Multiple Choice

A tight social framework in which people expect others in their group to look after and protect them when they are in trouble is referred to as ________.

• A)socialism
• B)collectivism
• C)individualism
• D)communism
• E)parochialism

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Definitions:

Deductible Student Loan Interest

Refers to the interest paid on a qualified student loan which may be deducted from income when calculating federal income tax.

Self-Employed Health Insurance

A tax deduction available to self-employed individuals for premiums paid on medical, dental, and long-term care insurance for themselves and their dependents.

Above-The-Line

refers to deductions that taxpayers are allowed to subtract from gross income to arrive at the adjusted gross income, which are beneficial as they are not subject to itemized deductions limitations.

Child Support Payment

Payments made by a non-custodial parent to support their child or children's living expenses.