Jon Owns an Apartment Building in Which He Is a Material

question 71

Multiple Choice

Jon owns an apartment building in which he is a material participant and also owns a computer consulting business. Of the 2,000 hours he spends on these activities during the year, 55% of the time is spent operating the apartment building and 45% of the time is spent in the computer consulting business.

• A)The computer consulting business is a passive activity but the apartment building is not.
• B)The apartment building is a passive activity but the computer consulting business is not.
• C)Both the apartment building and the computer consulting business are passive activities.
• D)Neither the apartment building nor the computer consulting business is a passive activity.
• E)None of these these applies here.

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Definitions:

Long-Term Potentiation (LTP)

An increase in synaptic strength following repetitive stimulation, believed to be a cellular mechanism underlying learning and memory.

Place Cells

Neurons in the hippocampus that become active when an animal is in, or is thinking about, a specific location in its environment.

Head Direction Cells

Specific neurons in the brain that fire to indicate the direction an animal's head is facing relative to its environment, aiding in navigation.

Grid Cells

A type of neuron in the brains of some animals that enables them to understand their position in space by forming a grid-like representation of their environment.