In the Current Model

question 61

Multiple Choice

In the Current Model,

• A)investment earnings are taxed currently.
• B)the initial investment is deductible or excludable from gross income,and the investment earnings are taxed at the end of the investment period.
• C)investment earnings are exempt from explicit taxation.
• D)investment earnings are taxed at the end of the investment period.

---

Definitions:

Debris Flows

Rapid movements of water-laden masses of loose mud, sand, soil, rock, and debris down slopes.

Talus Slopes

Accumulations of broken rock fragments at the base of cliffs, steep slopes, or valley shoulders.

Slopes Fail

Instances where a slope collapses or slides due to gravitational pull and other factors like water saturation or seismic activity.

Rock Slide

A slab of relatively intact rock that detaches from bedrock and slides downhill, shattering as it moves.