During 2014, Sarah Had the Following Transactions Sarah's AGI Is:
A)

question 109

Short Answer

During 2014, Sarah had the following transactions:
$\begin{array}{llr} \text { Salary } &\$80,000\\ \text { Interest income on City of Baltimore bonds } &1,000\\ \text {Damages for personal injury (car accident) } &100,000\\ \text {Punitive damages (same car accident) } &200,000\\ \text { Cash dividends from Chevron Corporation stock } &7,000\\\end{array}$

Sarah's AGI is:
A) $\$ 185,000$
B) $\$ 187,000$
C) $\$ 285,000$
D) $\$ 287,000$
E) $\$ 387,000$

• A) \( \$ 185,000 \)
• B) \( \$ 187,000 \)
• C) \( \$ 285,000 \)
• D) \( \$ 287,000 \)
• E) \( \$ 387,000 \)

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Definitions:

Policymakers

Individuals or groups responsible for making decisions and crafting regulations or laws in various sectors, including government, organizations, or institutions.

Quirky Decisions

Unconventional or unexpected choices made by individuals or organizations that do not always align with mainstream expectations.

Behavioral Economics

A branch of economics that studies how psychological, cognitive, emotional, cultural, and social factors affect economic decisions.

Nudging

Nudging involves subtly guiding choices or behaviors without restricting options, often used in policy and marketing to influence decision-making.