Millie, Age 80, Is Supported During the Current Year as Follows

question 38

Multiple Choice

Millie, age 80, is supported during the current year as follows:
$\begin{array}{ll}&\text { Percent of Support }\\\text { Weston (a son) } & 20 \% \\\text { Faith (a daughter) } & 35 \% \\\text { Jake (a cousin) } & 25 \% \\\text { Brayden (unrelated close family friend) } & 20 \%\end{array}$
During the year, Millie lives in an assisted living facility. Under a multiple support agreement, indicate which parties can qualify to claim Millie as a dependent.

• A) Weston and Faith.
• B) Faith.
• C) Weston, Faith, Jake, and Brayden.
• D) Faith, Jake, and Brayden.
• E) None of the above.

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Definitions:

Economic Activity

The total amount of production, distribution, and consumption of goods and services in an economy.

Standard Deviation

A statistical measure of the dispersion of a set of data from its mean, often used to quantify the risk of a financial instrument.

Variance

A measure of how much a set of numbers differ from their average value.

Dispersion

A statistical measure that describes the spread of values around the mean or average, indicating variability within a data set.