M Works for MND Corporation, Whose Headquarters Are in Downtown

question 19

Multiple Choice

M works for MND Corporation, whose headquarters are in downtown Houston.The firm reassigned M to the real estate division, Woodacres, whose offices are in a nearby suburb, Conroe.The distance between the two jobsites is 43 miles.While M was working downtown it was 4 miles from his home to the office but the Woodacres office was 40 miles from M's home.M decided that 40 miles was too far to commute, so early in 2012 he moved 25 miles to a new house that was 19 miles from the Woodacres jobsite and 29 miles from the downtown jobsite.The travel distance that determines whether or not M's moving expenses are deductible is

• A)19
• B)25
• C)36
• D)40
• E)43

---

Definitions:

George Bush

Refers to either George H.W. Bush, the 41st President of the United States (1989-1993), or his son George W. Bush, the 43rd President of the United States (2001-2009), each having made lasting impacts on American and international politics.

Crowding-in

An economic phenomenon where increased government spending leads to higher private sector investment.

Crowding-out

A situation where increased public sector spending reduces the amount of available funds for private sector investments.

National Debt

The total amount of money that a country's government has borrowed, typically as a result of deficit spending, and yet to repay.