The European Union (EU) Consists of 27 Countries with About

question 161

Multiple Choice

The European Union (EU) consists of 27 countries with about 510 million consumers. The EU has eliminated most barriers to the free flow of products, capital, and labor across its borders. Which of the following countries is not a member of the EU?

• A) Poland
• B) Greece
• C) Ireland
• D) Switzerland
• E) Finland

---

Definitions:

Taxable Income

The amount of income that is subject to taxation by government authorities, after all deductions and exemptions have been applied.

Condo's Value

The market worth of a condominium unit, determined by factors such as location, amenities, condition, and market trends.

Net Worth

The total value of all assets owned by a person or entity minus any liabilities owed.

Assets

Resources owned by an individual or business that have economic value or are expected to provide future benefit.