In 2019, Nai-Yu Had the Following Transactions Nai-Yu's AGI Is:
A)$114,000

question 132

Multiple Choice

In 2019, Nai-Yu had the following transactions: $$\begin{array} { l r } \text { Salary } & \$ 90,000 \\\text { Short-term capital gain from a stock investment } & 4,000 \\\text { Moving expense to change jobs } & ( 11,000 ) \\\text { Receipt of repayment of } \$ 20,000 \text { loan she made to her sister in 2014 (includes no interest) } & 20,000 \\\text { State income taxes } & ( 5,000 ) \end{array}$$ Nai-Yu's AGI is:

• A)$114,000.
• B)$103,000.
• C)$98,000.
• D)$94,000.
• E)$83,000.

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Definitions:

Output

In economics, output refers to the total amount of goods and services produced by an economy or a firm in a given period.

U.S. Net Exports

The value difference between what the United States exports to other countries and what it imports, which can be positive (surplus) or negative (deficit).

Aggregate Demand

The total call for goods and services throughout an economy, calculated at a predetermined price level during a given time period.

U.S. Financial Institutions

Organizations that provide financial services, such as banks, insurance companies, and stock exchanges, within the United States.