A Person Who Submits a Frivolous Return (E

question 12

Multiple Choice

A person who submits a frivolous return (e.g., one with 50 dependents) may face a civil penalty of

• A)$500
• B)$1,000
• C)$2,000
• D)$2,500
• E)$5,000

---

Definitions:

Primary Labour Market

describes sectors of the economy that offer high-paying jobs, secure employment, good working conditions, and benefits.

Supply And Demand

An economic model explaining price determination in a market based on the relationship between the quantity of a commodity available and the desire of buyers for it.

Democratic Socialist Government

A political system where socialism and democracy coexist, aiming to distribute wealth and resources more equitably while maintaining democratic freedoms.

Government Intervention

Actions taken by a government to influence or directly regulate various activities within its territory, often to achieve social or economic objectives.